China output moderates, factory inflation slows (Reuters)

The sun rises as a labourer installs scaffolding at a high-speed railway viaduct construction site in Hefei, Anhui province December 29, 2010. China plans to build 13,000 km (8,078 miles) of high-speed railway by 2012, more than the rest of the world combined. REUTERS/StringerReuters – China’s factory inflation cooled in December as manufacturers expanded more slowly after a strong run in growth, lessening the need for the country’s central bank to tighten monetary policy too far.

Go to source

Comments are closed.