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china: news and opinion

Soaring Inflation in China and Hong Kong

Consumers and Officials in China are worried as prices jump to an 11-year high. WONG: Inflation and food prices in China are soaring. People are complaining that they cannot afford to shop for the Chinese New Year festival. STORY: Food prices are...

from YouTube on Sat, Feb 09 2008

see also:

04 Feb 08 visit Chinese Food Prices Rising from Snow  »  YouTube videoRising food prices due to heavy snow in China give farmers extra money and consumers an added burden. CHAN: For most Chinese people, at least in cities, the recent surge in food prices has been less than appealing. But here at one of the country's...
06 Jun 08 visit Food Prices Skyrocketing in China  »  YouTube videoAccording to the World Bank, 300 million people in China - a number roughly equal to the population of the United States - live on less than a dollar a day. As China's government works to control record high inflation, the country's poor are struggling...
07 Mar 08 visit Thursday March 6 International Economic Edition  »  YouTube videoChina Central Bank governor exclaimed China had room for interest rate hikes. China CPI 7.1% for January - 11 yr high. 83% of last years CPI gains came from increases of food prices in China. Thermal Coal and coking coal prices may rise 30% this year...
21 Feb 08 visit Soaring Food Prices Threaten India's Poor  »  China Confidential Food prices in India have climbed sharply in the past year in keeping with a worldwide trend. As Anjana Pasricha reports from New Delhi, the soaring cost of food is hurting tens of millions of people who earn meager wages despite the country's growing...
14 Jan 08 visit Bid to cut inflation and level food costs  »  Shanghai Daily CHINA said yesterday it would take legal, economic and necessary administrative measures to stabilize prices, a move that underscores its growing inflation concern. The upward pressure on prices was increasing and the rapid rises in food prices have had...
13 Jun 08 visit China's inflation eases but prices to remain high  »  People's Daily China's inflation eased in May, a welcome trend that analysts said would continue for the rest of the year as food prices had started falling after surging over the past year. The consumer price index (CPI), the main gauge of inflat ...

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