Wall Street Journal (July 19)
2021/ 07/ 20 by jd in Global News
“As China’s factory-gate prices soared this year, investors worried the country would become a new source of inflation for the rest of the world. Instead, the world’s second-largest economy has helped alleviate some price pressures caused by the pandemic.” Many Chinese factories have been “absorbing higher costs for raw materials like copper and iron ore themselves.” It appears this will continue “at least for a while.”
Tags: Absorbing, Alleviate, Copper, Factories, https://www.wsj.com/articles/how-china-is-helping-to-damp-global-inflation-11626616802?cx_testId=200&cx_testVariant=cx_10&cx_artPos=5#cxrecs_s China, Inflation, Investors, Pandemic, Price pressures, Prices, Raw materials, Worried
