Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by ByKeith Bradsher Sept. 10, 2018 阅读简体中文版 閱讀繁體中文版 BEIJING — Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usually tame, are up. Prices are rising in China — and that could complicate Beijing’s efforts to prop up a slowing economy and navigate President Trump’s trade war. Chinese officials said Monday that an index of consumer prices rose in August for the third consecutive month. The increases are not particularly sharp, and Chinese economists point to a number of temporary factors pushing up prices, like floods that have damaged crops and a swine flu epidemic that led farmers to cull pigs. Still, investors and the Chinese public alike are casting a wary eye on prices. Angus Tong, a 37-year-old Beijing resident, said his landlord wanted to nearly double the rent for his family’s $1,200-a-month apartment. Rent already absorbs a third of his income and his wife’s, while the family’s monthly food bills have risen. To save money, “we try to cook every meal at home,” he said, adding, “I think most middle-income people feel the… Read full this story
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