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Friday, May 20, 2011

Tackling Inflation Is China's Top Priority

There is growing concern about inflation in China. Last month, overall inflation was up 5.3 percent compared to the year before. Food prices were up 11.5 percent. Chinese consumers are angry, and the government fears that could lead to social instability.

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Full story at http://www.npr.org/2011/05/20/136487753/tackling-inflation-is-chinas-top-priority?ft=1&f=1006

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