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Inflation expectation presses for rate hike The possibility of an interest rates hike by China's central bank is imminent as inflationary pressure prolongs and a prudent monetary policy is in place, the China Securities Journal reported Friday. China
Heavy smog shrouded Beijing on Wednesday October 19, and a yellow alert, the third-highest warning level, was issued by the environmental authorities on Tuesday, the Legal Daily reported. The yellow alert means the Air Quality Index will exceed 200 f
SEOUL, April 12 (Xinhua) -- South Korea has downgraded its alert level for foot-and-mouth disease (FMD) one notch as the disease has practically come to an end, the Ministry for Food, Agriculture, Forestry and Fisheries said Tuesday. The ministry(政
Harvests allay food inflation concern CHANGCHUN, Oct. 10 (Xinhua) -- Spikes in food prices could be devastating as it may force policy makers to reverse actions being used to stimulate China's weakest growth in three years. Soaring overseas grain pri
BEIJING, Aug. 29 (Xinhuanet) -- Since the beginning of 2011, China has taken a series of measures to cool rising prices, such as introducing a prudent monetary policy, boosting supply and containing inrrational demand while establishing a price contr
Vietnam recently devalued its currency, the dong, by 9.3 percent against the dollar. Analysts say soaring inflation here makes life harder for many Vietnamese workers. Consumer prices in Vietnam this January were more than 12 percent higher than they