Inflation accelerates, fastest pace in two years
- China may face more inflation pressure in 2011: analyst
- China was expected to face more inflation pressure in 2011 because of rising costs of food, raw materials and labor, said Sheng Hongqing, analyst with the China Everbright Bank.
- Prices of China's farm produces still rising, fueling inflationary pressure
- Prices of China's edible farm produce have witnessed consecutive increases since mid-October, official figures showed Wednesday, indicating the appearance of greater inflationary pressures.
- China to keep inflation under control
- China's central bank has always been highly alert to domestic inflation risks and will not leave inflation unchecked, Ma Delun, deputy governor with the People's Bank of China (PBOC), said on Nov. 9 during the global annual conference of the International Finance Forum 2010 (IFF 2010) held in Beijing. He also said he does not agree that China's money supply is excessive.
Trade surplus jumps to second highest of the year