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Economic Roar in China May Be Too Strong <hr style="color: rgb(204, 204, 204); background-color: rgb(204, 204, 204);" size="1"> <!-- / icon and title --> <!-- message --> By Carolyn Cui
The Year of the Tiger is off to a roaring economic start. Now economists are gauging whether China's momentum may be too strong for the global good.
A raft of economic data are expected out of China this week. One of the most closely watched figures will be the consumer-price index, expected to be released at 9 p.m. EST on Wednesday. Carl Weinberg, chief economist of High Frequency Economics, estimates China's CPI rose 2.7% in February from a year earlier, faster than January's 1.5% rise.
"Overall, you will be looking at a picture of strong retail sales, strong industrial production and strong investment figures," he says. But with that will come "some acceleration in CPI."
more....
The Year of the Tiger is off to a roaring economic start. Now economists are gauging whether China's momentum may be too strong for the global good.
A raft of economic data are expected out of China this week. One of the most closely watched figures will be the consumer-price index, expected to be released at 9 p.m. EST on Wednesday. Carl Weinberg, chief economist of High Frequency Economics, estimates China's CPI rose 2.7% in February from a year earlier, faster than January's 1.5% rise.
"Overall, you will be looking at a picture of strong retail sales, strong industrial production and strong investment figures," he says. But with that will come "some acceleration in CPI."
more....
