Monday, Jul 23, 2007
China's Exported Inflation May Signal Interest-Rate Pressures
bloomberg: China's Exported Inflation May Signal Interest-Rate Pressures
July 23 (Bloomberg) -- The rising cost of goods the U.S. imports from China may be an early warning signal that central bankers from the U.K. to India are about to pay a price for a cause they've championed: globalization.
Posted by gordonbrown @ 12:22 AM (142 views) Add Comment
1 Comment
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1. uncle tom said...
I'm not sure how they're monitoring the price of Chinese exports to the US - but if they think prices have only just started tilting upward, then they're getting their sums wrong.
The Americans look completely unaware of where China is going (or in denial..)
- They ain't seen nothing yet..!