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China inflation: surging factory prices seen nearing peak with no ‘lasting strong demand’ for commodities

Summary:
[unable to retrieve full-text content]Despite hitting its highest point since the 2008 global financial crisis, the inflation rate in China’s factory prices looks to be nearing its peak, according to economists who cite the nation’s attempts to curb skyrocketing raw material prices.Several Chinese analysts said the current round of global commodity price spikes was not sustainable, but they still warned that Beijing should be wary of imported price pressures resulting from an ongoing imbalance between production and demand in the…

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[unable to retrieve full-text content]
Despite hitting its highest point since the 2008 global financial crisis, the inflation rate in China’s factory prices looks to be nearing its peak, according to economists who cite the nation’s attempts to curb skyrocketing raw material prices.Several Chinese analysts said the current round of global commodity price spikes was not sustainable, but they still warned that Beijing should be wary of imported price pressures resulting from an ongoing imbalance between production and demand in the…

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