Sunday September 27, 2020

China suffers western-style woes

The world’s fourth largest economy is being undermined by a huge increase in food prices, which is adding to existing problems, writes Mairtin O’Riada in Beijing.

15th March, 2008

The world’s fourth largest economy is being undermined by a huge increase in food prices, which is adding to existing problems, writes Mairtin O’Riada in Beijing.

With grave predictions for the economy and shadowy threats of terrorist attacks dominating the headlines, China had its first taste of some of the woes troubling its western counterparts in the last week.

Last Tuesday, it was revealed that the country’s consumer price index (CPI)...

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