Monday, February 21, 2011

Keep an Eye on Chinese Inflation | Forex Trading in the Emerging Markets

Keep an Eye on Chinese Inflation | Forex Trading in the Emerging Markets: "It looks like the Chinese learned from the U.S. how to manipulate government statistics to keep the economy booming.
As you know, the CPI in the U.S. is a poor measure of the true level of inflation in the country. China has recently adjusted the weighting of the components making the CPI and lowered the weighting of food."

No comments:

Post a Comment