Saturday, January 19, 2008

Food inflation in China

Inflation in food prices in China is a hot topic at the moment. Whilst the population is generally getting more prosperous, recent large prices rises for products such as pork, cooking oil and noodles have come as a shock.

In one incident, there was a stampede at a Carrefour supermarket where cooking oil had been discounted by about 1USD and 3 shoppers were killed:

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