The HSBC/Markit Economics Chinese Purchasing Managers' Index revealed that among the components in the report input costs increased again and might be an indication of why both retailers and wholesalers raised prices.
Showing posts with label china. Show all posts
Showing posts with label china. Show all posts
Tuesday, February 1, 2011
Tuesday, December 28, 2010
Yuan Slips as China Raises Interest Rates
The Chinese yuan slipped today as the central bank raised its interest rates in an attempt to curb China’s significant inflation and to prevent the asset-bubble. China’s economic growth makes traders expect another rates hike in the future.
Thursday, November 4, 2010
China Govt Econ Attacks Fed's Q.E., Warns Dlr Fall To Hurt
A Chinese government economist has lashed out at the Federal Reserve's latest quantitative easing move, arguing that an influx of more dollar liquidity into the world economy will threaten its recovery, trigger currency wars and flood emerging markets with inflationary inflows.
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