Inflation is likely to ease in the next couple of months, central bank governor Zhou Xiaochuan has s

It was a big day yesterday on announcing data and measures in handling China's soaring food prices.

A surge in food prices pushed Chinese inflation in July to its fastest growth in a decade, prompting fresh predictions of a further interest-rate increase at a time when credit woes are forcing the U.S. and other major economies to consider looser cr

CHEAP imports from China have helped to hold down prices in America and other developed economies. However, a flurry of recent reports suggesting that Chinese wages and prices are surging have triggered fears that China is now exporting inflation, ra