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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
Import growth outpaces China's exports in October trade
China's exports rose 22.9 percent in October from a year earlier, while imports increased 25.3 percent, the General Administration of Customs said Wednesday.
China's October trade surplus jumps to second highest of 2010
China said Wednesday its trade surplus expanded sharply to 27.15 billion U.S. dollars in October from September's 16.88 billion U.S. dollars, making the October figure the second highest this year after July's 28.73 billion U.S. dollars.
Chinese investments aid international trade
While the global economic recovery is still underway, the world is enthusiastically welcoming Chinese investment, betting that the nation's know-how and funds will help create more jobs and help rescue ailing economies.