China Inflation, Output Make Rate Hike Likely
China's torrid growth may be the envy of the world, but the emerging-market behemoth is showing the strains of an economy that may be surging too fast. Consumer prices surged 2.7% in February, compared with a year ago, according to a report issued Thursday. That's higher than expected and more than the government wants to see. Industrial output spurted 20.7% in the January-February period, also year over year. This stat is compiled over a
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