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Realistbear

Chinese Inflation Stoking Up

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http://uk.finance.yahoo.com/news/China-soaring-inflation-hit-tele-2151548972.html?x=0

Richard Tyler, 15:53, Saturday 11 December 2010
China's inflation surged to a two year high last month despite government efforts to increase food supplies and end fuel shortages, prompting fears that British consumers will soon face paying more for Chinese made products.
The 5.1pc annualised inflation rate, up from 4.4pc in October, was driven by a 11.7pc jump in food prices, the Chinese National Statistics Bureau (NSB) said.
Economists said the higher-than-expected rate, which they expected to result in an “aggressive tightening” of China’s money supply, would weigh on investor sentiment when global stock markets re-open on Monday.

Easy come, easy go.

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http://uk.finance.yahoo.com/news/China-soaring-inflation-hit-tele-2151548972.html?x=0

Richard Tyler, 15:53, Saturday 11 December 2010
China's inflation surged to a two year high last month despite government efforts to increase food supplies and end fuel shortages, prompting fears that British consumers will soon face paying more for Chinese made products.
The 5.1pc annualised inflation rate, up from 4.4pc in October, was driven by a 11.7pc jump in food prices, the Chinese National Statistics Bureau (NSB) said.
Economists said the higher-than-expected rate, which they expected to result in an “aggressive tightening” of China’s money supply, would weigh on investor sentiment when global stock markets re-open on Monday.

Easy come, easy go.

....+ for us if they can price their labour out of the market..... :rolleyes:

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Can anyone clarify that there definitely won't be a rate increase in China before Monday morning? I'm aware that reserve ratios got tweaked again on Friday, but all the talk previously was of a probable rate rise 'over the weekend' - so, is this now off the table following the other decisions? Either way, it could be interesting seeing how Chinese markets fare on Monday - the negative view will be they either raise now, or fall behind the curve and raise bigger later.

Um, wasn't the talk all last weekend that Chinese rates would rise before last Monday morning? They did not and the markets did not go into a wobbly.

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  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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