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 Driven by substantial growth in the service sector,the India economy boomed 7.7% since a year earlier

Canteens in universities are experiencing unprecedented loss due to price’s shooting up,the China Youth Daily reported.

 The Chinese currency Renminbi, or the yuan, strengthened 34 basis points to a record high of 6.3849 per U.S. dollar on 30 August.

Japanese finance minister Yoshihiko Noda emerged to become the victor in a hard race of becoming the nation’s next prime minister on Monday.

CPI on August is likely to drop back to approximately at 6.1%-6.3%.

Full article in Chinese: http://www.caijing.com.cn/2011-07-14/110774510.html

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