China’s consumer product index, the main gauge of inflation, will rise to 4.5-4.7 percent in November on build-in short-term expectations.
The World Bank Group has disbursed some record 80.6 billion U.S. dollars in 2009 and 2010 to soften blow from the economic crisis.
A U.S. congressional advisory body called on the congress to step up pressure on China to allow its yuan to appreciate by naming it as a currency manipulator.
Chinese government should be cautious to control prices, warned Pan Jiancheng, Deputy Director-general of the National Bureau of Statistics’ economic monitoring center.
World food imports will exceed 1 trillion U.S. dollars on surging commodity prices, the highest since the 2007/2008 food crisis, the FAO said.
China raised the holding of U.S. Treasury bonds for a third consecutive month in September by 15.1 billion U.S. dollars, bringing the total to 883.5 billion.
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