Inflation is a major concern in China. It is obvious that country has incredible economic growth, but hundreds of millions of people still live in poverty, spending much of their income on food.Thus,government fears rising food prices. The report showed food prices climbed 10.3 per cent last month from a year earlier, up from 9.6 per cent in December. Vegetable prices were up 2 per cent, fruit up 35 per cent, eggs up 20 per cent and grain was up 15 per cent.Producer-price inflation increased 6.6 per cent year over year, up from 5.9 per cent in December.
I think that inflation is a serious problem in China nowaday, the prices of goods reach the highest point. It is disaster that people don't have enough money to support their daily life. the government should take immediately measure to solve this issue.
10.3% is very high percentage in one year. I think that rising prices in any country could affect other countries and specially China.
ReplyDeletethe CCCP is really hard working on this kind of stuff, however, there are too many people in CHina, how can you deal this kind of satituation? we should give them more time to solve this kind of problem
ReplyDeletelol, cong, actually if you save 1 dollar every day, then u can save a life in china, will u do that?
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