. Military Space News .
TRADE WARS
China factory gate inflation snaps five month drop in April
by Staff Writers
Beijing (AFP) May 10, 2018

Chinese factory gate prices rose in April to snap five months of falling, data showed Thursday, but analysts said the downtrend would likely continue as government anti-pollution measures are lifted.

Inflation hit a nine-year high in 2017 on restrictions of heavy industry production by authorities to curb air pollution during the winter months, as well as state efforts to slash excess industrial capacity.

But the producer price index -- a key barometer of the industrial sector -- has been easing since the end of last year as those controls are tempered.

Official data Thursday showed the PPI hit 3.4 percent in April, up from 3.1 percent in March, in line with a forecast by economists surveyed by Bloomberg News.

However, Julian Evans-Pritchard of Capital Economics wrote in a research note that the lifting of anti-pollution measures -- which had crimped supplies of various products -- was still weighing on prices of industrial goods.

The consumer price index -- the key gauge of retail inflation -- eased to 1.8 percent from 2.1 percent in March, and slightly short of the 1.9 percent forecast and well off the government target of "around three percent".

Pork prices dropped 16.1 percent year-on-year, dragging down the consumer price inflation, Sheng said.

But threats of a trade war between the United States and China could stoke prices, Evans-Pritchard said.

"Looking ahead, possible restrictions on imports of soybeans and pork from the US pose some upside risk to food inflation," he wrote.

And Zhu Qibing, chief macro-economy analyst at BOC International China in Beijing, added: "Inflation pressure will pick up in coming months, but won't rise to the level that would affect monetary policy."

-- Bloomberg News contributed to this story --


Related Links
Global Trade News


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China moves to rope in its tech 'unicorns'
Shanghai (AFP) May 9, 2018
Having lost the likes of Alibaba and Baidu to Wall Street, China is hatching a plan to woo them back and make sure it keeps a new generation of technology titans closer to home as it battles the US for supremacy in the sector. New share offerings worth tens of billions of dollars are in the pipeline for 2018, setting it up as a blockbuster year with a number of so-called "unicorns" - tech start-ups valued at least $1 billion - lining up to cash in. China dominates the line-up of the world's bi ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Lockheed tapped for additional THAAD interceptors

Fourth US Air Force SBIRS satellite sends first images back to Earth

Saudi Arabia downs four Yemeni rebel missiles: coalition

Saudis down new missile from Yemen rebels: state media

TRADE WARS
Beijing 'installs missiles' on South China Sea islands

MDA taps Raytheon for ongoing SM-3 missile production

Raytheon contracted for TOW missiles for Oman, Taiwan

Navy taps Raytheon for Tomahawk missiles

TRADE WARS
Talking UAS market trends with NSR analyst Gagan Agrawal

Lockheed announces first US customer for universal unmanned vehicle control station

Lockheed Martin small Quadrotor Unmanned Aerial System upgraded with high resolution thermal imaging capability

Air Force contracts for Reaper drone services

TRADE WARS
Silent Sentry: Protecting Space Communications

Harris tapped for counter communication systems

Russia Launches Heavy Rocket with Military Satellite

India Struggling to Establish Lost Link With Crucial Communication Satellite

TRADE WARS
ContiTech to provide Saudi Arabia, Kuwait with Abrams tank parts

Army taps Tecmotiv USA for tank engine overhauls

Marines tap Heckler and Koch for M27s, spare parts

AI helps soldiers learn many times faster in combat

TRADE WARS
BAE welcomes Australian economic plan for defense industry

US to update Saudi artillery for $1.31 billion

74% of French people against weapons sales to Saudi: poll

Mattis wins big with budget victory

TRADE WARS
New collision between Greek, Turkish ships in Aegean

Beijing slams Macron warning on Chinese 'hegemony'

White House warns China of 'consequences' for military buildup

Turk arrested after crossing border into Greece: police

TRADE WARS
A new Bose-Einstein condensate created at Aalto University

Course set to overcome mismatch between lab-designed nanomaterials and nature's complexity

This 2-D nanosheet expands like a Grow Monster

Robot developed for automated assembly of designer nanomaterials









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.