The Truth About Last Week’s Shock Chinese Trade Deficit

Patrick Chovanec An American Perspective Business Insider 3/12/2011

Two important pieces of economic data came out in China over the past two days.

I’ll deal with the more straightforward story first. On Friday, China’s Consumer Price Index (CPI), a standard measure of inflation, came in at a year-on-year increase of 4.9% for February, the same […]