China inflation hits new high

Feb 19, 2008 23:49

Yay...so as much as I feel sorry for people in China, this should mean some business from China should be coming slowly back to the US right? Anyhow, a 7% jump over a one-month period is pretty bad, especially if it continues for a couple more months. That means the Yuan losing half it in just 10 months. >.< Plus a 58.8 percent increase in pork is insane. That's as bad as gas prices in California. Man...paying that extra 10 cents (US) for that BBQ pork buns. *cough* ok ok, it's not much to us, but it's a lot if you can buy a whole meal for 50 cents.

ref:
http://business.timesonline.co.uk/tol/business/economics/article3399531.ece
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