Steady expansion: China immigration inspection officers in protective overalls march near a container ship at a port in Qingdao. Despite macroeconomic concerns among a few market circles, analysts expect that China's GDP growth in the fourth quarter may yet rebound to above 5%. AP
BEIJING: This year’s runaway coal prices in China sparked by the commodity’s shortages, the attendant fears about possible power shortages during the winter/heating season, and potential implications for the economy, are not only giving the markets the jitters but raking up bitter memories of last year.
That was when soaring pork prices tested the local market nerve and prompted the national government to step in to contain them in quick time, so as to preempt broader inflation.
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