Meat prices add to China's inflation, policy risks
date:Mar 11, 2013
k supplies this year because some pig breeders dropped out of the business after losing money last summer.

Rising food prices represent a sensitive area for China's Communist Party leadership given that social tension has often accompanied past price hikes.

They can fuel inflation expectations that lead to a broader rise in inflation and the risk that the central bank will tweak monetary policy to keep a lid on the price pressures.

But policymakers should resist the temptation for pre-emptive
9/10 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
07/16 03:04