China's October CPI growth rises to 25-month high

来源：百度文库编辑：神马文学网时间：2024/04/28 12:10:22

Consumer prices rise 4.4%, yuan hits record high: Inflation has raised its ugly head in China, as Beijing reported the consumer price index for October surged 4.4 percent year-on-year, a two-year high.

Inflation accelerates, fastest pace in two years

China may face more inflation pressure in 2011: analyst: China was expected to face more inflation pressure in 2011 because of rising costs of food, raw materials and labor, said Sheng Hongqing, analyst with the China Everbright Bank.
Prices of China's farm produces still rising, fueling inflationary pressure: Prices of China's edible farm produce have witnessed consecutive increases since mid-October, official figures showed Wednesday, indicating the appearance of greater inflationary pressures.
China to keep inflation under control: China's central bank has always been highly alert to domestic inflation risks and will not leave inflation unchecked, Ma Delun, deputy governor with the People's Bank of China (PBOC), said on Nov. 9 during the global annual conference of the International Finance Forum 2010 (IFF 2010) held in Beijing. He also said he does not agree that China's money supply is excessive.

Property price shows signs of cooling

Real estate sector shows signs of cooling: China's property prices in October rose at the slowest pace in 10 months, after the government raised interest rates as part of Beijing's latest moves to cool the real estate market.
China's property price growth slows to 8.6% in Oct.: Property prices in 70 major Chinese cities rose 8.6 percent year on year in October, the lowest year-on-year increase this year, the National Bureau of Statistics (NBS) said Wednesday.
Squeeze tightens on China's soaring home prices: China's home prices rose by the lowest rate this year in October as government tightening measures seemed to take effect.

Trade surplus jumps to second highest of the year

Import growth outpaces China's exports in October trade: China's exports rose 22.9 percent in October from a year earlier, while imports increased 25.3 percent, the General Administration of Customs said Wednesday.
China's October trade surplus jumps to second highest of 2010: China said Wednesday its trade surplus expanded sharply to 27.15 billion U.S. dollars in October from September's 16.88 billion U.S. dollars, making the October figure the second highest this year after July's 28.73 billion U.S. dollars.
Chinese investments aid international trade: While the global economic recovery is still underway, the world is enthusiastically welcoming Chinese investment, betting that the nation's know-how and funds will help create more jobs and help rescue ailing economies.

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