Inflation scissors its way into China manufacturing

China’s May import data confirm a worrying pattern that we’ve seen anecdotally: Global inflation as reflected in raw materials prices is constraining China’s economy. Over the past year a scissors opened between the price of iron ore, now more than double its March 2020 level, and the physical volume of iron ore imports. Imports of
The post Inflation scissors its way into China manufacturing appeared first on Asia Times.Asia TimesRead More