China's inflation eases ahead of Lunar New Year
Higher pressures for prices to rise have prompted some analysts to suggest Beijing will respond by tightening credit, possibly complicating efforts to support China's shaky economic recovery. Economic growth ticked up in the final quarter of 2012 but analysts say a recovery could be vulnerable if trade declines or the government fails to support investment spending that is propping up the rebound. Reported by SeattlePI.com 11 hours ago.
Higher pressures for prices to rise have prompted some analysts to suggest Beijing will respond by tightening credit, possibly complicating efforts to support China's shaky economic recovery. Economic growth ticked up in the final quarter of 2012 but analysts say a recovery could be vulnerable if trade declines or the government fails to support investment spending that is propping up the rebound. Reported by SeattlePI.com 11 hours ago.