Students rioting over prices in their school cafeteria, local authorities handing subsidies to poor families, and government measures to bring down prices.
It all points to one thing: high anxiety over rising food prices in China after inflation hit a two-year peak of 4.4 per cent in October.
“Inflation is the enemy of social stability,” says Hu Xingdou, professor of economics at the Beijing Institute of Technology, who expects inflation could reach 10 to 20 per cent next year, a gloomier view than most economists.
您已阅读14%(518字),剩余86%(3293字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。