sharon sanders
Editor-in-Chief & President
China's economy expands at torrid pace in first quarter
The nation's gross domestic product grows 11.9% compared with the same period a year ago. Analysts say Beijing may boost efforts to control inflation.
snip
China's consumer price index, a key measure of inflation, rose 2.4% in March compared with March 2009. In February inflation was 2.7%. Inflation traditionally decelerates the month after Chinese New Year as food prices drop with lower demand.
The producer price index rose 5.9% in March compared with the same month a year ago -- a reflection of rising commodity prices and China's continued appetite for raw materials to fuel development.
more...
http://articles.latimes.com/2010/apr/16/business/la-fi-china-gdp16-2010apr16
The nation's gross domestic product grows 11.9% compared with the same period a year ago. Analysts say Beijing may boost efforts to control inflation.
snip
China's consumer price index, a key measure of inflation, rose 2.4% in March compared with March 2009. In February inflation was 2.7%. Inflation traditionally decelerates the month after Chinese New Year as food prices drop with lower demand.
The producer price index rose 5.9% in March compared with the same month a year ago -- a reflection of rising commodity prices and China's continued appetite for raw materials to fuel development.
more...
http://articles.latimes.com/2010/apr/16/business/la-fi-china-gdp16-2010apr16