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Is Inflation a New Risk for China's Economy?
China Radio International ^ | 10/16/2013 | Liu Yuanhui

Posted on 10/15/2013 11:49:22 PM PDT by TexGrill

Despite the rise in China's consumer prices to a seven-month high in September, economists say inflation doesn't pose a risk for the world's second-largest economy.

The CPI rose 3.1 percent in September, well above expectations for a 2.8 percent rise.

The outlook for China's economy was called into question again this weekend after trade data showed exports unexpectedly contracted by 0.3 percent in September.

Macro-economic data due out on October 18th, including third quarter GDP and industrial production, will provide further insights into the health of the economy.

(Excerpt) Read more at english.cri.cn ...


TOPICS: Business/Economy; Chit/Chat; Society; Travel
KEYWORDS: chinaeconomy

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1 posted on 10/15/2013 11:49:22 PM PDT by TexGrill
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