Inflation

Chinese inflation hits fresh high

Inflation in China soared to a new 12-year high last month, the National Bureau of Statistics revealed on Tuesday 11 March. Prices rose by 8.7% in the year to February from 7.1% the previous month, with food costs up by 23.3%.

Taiwan set to raise rates

Fai-Nan Perng, the governor of the Central Bank of China (Taiwan), has told the country's parliament that he will carry on hiking rates to dampen inflationary pressures.

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