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On The Up: Trade Surplus, Inflation & Pork. (Not Forgetting the Stock Market)

The world, it seems, just can’t get enough from China. The Boston Globe and Bloomberg report that:

The political pressure from the US will not be helped by this news, but a desire at home to moderate economic growth, will also focus the minds of Chinese officials.

But it is not just the trade surplus [1]that is rising. We all know about the stock market [2], which continues to defy gravity [3](with the help of the odd policy flip flop [4]), but pork prices (and food generally) are also on the up, putting pressure on inflation. According to the Washington Post:

The central bank hopes to keep inflation below 3 percent for the year, and more movement on interest rates may be considered.

See news sources: