China inflation risks remain low despite unexpected surge in US, say analysts

May 13, 2021 | INVESTING

Chinese inflation is likely to rise moderately in the immediate future, but avoid an unexpected spike like that seen last month in the United States, analysts said.Still, a sharp rise in raw material prices recently will put pressure on the profit margins of Chinese firms, with some small companies at risk of going out of business.US consumer prices rose 0.8 per cent in April from a month earlier, four times what was expected, with the annual rate jumping to 4.2 per cent, the highest since…

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