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Inflation Appears To Be Out Of Control In China


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http://uk.finance.yahoo.com/news/Chinese-manufacturing-slows-tele-1831392409.html?x=0

Chinese manufacturing slows but prices keep rising
Emma "Em" Rowley, 18:29, Tuesday 1 February 2011
China's mammoth manufacturing sector slowed in January but prices kept climbing, official figures showed, indicating Beijing could step up efforts to rein in inflation still further.
Activity at the country's factories fell to a five-month low of 52.9 from December's 53.9, according to the official purchasing managers' index (PMI), where a figure below 50 signals a contraction.
The bigger-than-expected drop in the index suggested Beijing's efforts to fight high inflation through interest rate increases and tighter controls on credit are weighing down on the manufacturing boom.

All good things eventually come to grief. Too much too soon in China's case. And all that smog they breath in! :o

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http://uk.finance.yahoo.com/news/Chinese-manufacturing-slows-tele-1831392409.html?x=0

Chinese manufacturing slows but prices keep rising
Emma "Em" Rowley, 18:29, Tuesday 1 February 2011
China's mammoth manufacturing sector slowed in January but prices kept climbing, official figures showed, indicating Beijing could step up efforts to rein in inflation still further.
Activity at the country's factories fell to a five-month low of 52.9 from December's 53.9, according to the official purchasing managers' index (PMI), where a figure below 50 signals a contraction.
The bigger-than-expected drop in the index suggested Beijing's efforts to fight high inflation through interest rate increases and tighter controls on credit are weighing down on the manufacturing boom.

All good things eventually come to grief. Too much too soon in China's case. And all that smog they breath in! :o

Erm you realise it is Chun Yun in China right? 800 million people who work in the Chinese factories started going home to their villages about 1-2 weeks ago. The factories are mostly deserted the CCP is VERY strict about this holiday time for Chinese people.

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I have heard about Chinese factories cutting production/working week and having to run on diesel generators.

Chinese authorities recently 'ordered' the shutdown of electricity to large swathes of the nation, to meet emissions targets. It was restored just before Christmas. Little known, it seems.

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