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China's factory prices soar in May but consumers avoid cost surge

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Ridiculous headline - of course prices will be passed to consumers.

Hard to say how much and how soon. Xi Jinping is threatening companies that are seen as taking advantage of rising commodities prices. Every business person in China is now afraid to raise their price even as their costs rise. I agree that at some point something has to give but nobody wants to test the waters and be first. Everyone is looking for a signal from Beijing. None of them wish to be the next Jack Ma.

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"China's factory prices soar in May but consumers avoid cost surge"

Ridiculous headline - of course prices will be passed to consumers. That's like saying my wife charged a fortune on my credit card yesterday, but I have so far avoided receiving the bill. Inflation is coming, and this is just the start.

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inflation of global money supply means price rises coming. These price rises will be passed on to global consumers.

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China created the surge in commodity prices by picking a trade fight with Australia. We shall see how long their industries can absorb higher raw material prices before the prices of finished goods have to rise or the companies go bust. Business owners in China are all running scared now, afraid of being the next Jack Ma.

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