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China’s Overheating Can Cause World Economy To Cool

posted by Avatar eToro 320 days ago in AUD, Fundamental, Inflation

The People’s Bank of China’s various ongoing attempts to reign in Chinese inflation continue to be only temporarily successful, at best. Late last week, the National Bureau of Statistics in China reported that inflation rose to 6.4% in June as compared to the same period in 2010. That figure was slightly higher than the consensus figure of 6.2%.
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