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China’s producer prices surge the most since 2008, cutting into business profits – CNBC

More pessimistic businesses expect the price increases will last until the end of the year, said Gan Jie, a Cheung Kong Graduate…

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Workers check rolls of sheet aluminum at a factory in Wuhan, China.
BEIJING China’s producer price index rose 9% in May from a year ago as commodity prices surged, the National Bureau of Statistics said Wednesday.
That marked the fastest increase in production…

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