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China's inflation eases, giving room for stimulus
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Nov 8, 2012
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<p><a href="http://news.yahoo.com/chinas-inflation-eases-giving-room-stimulus-015600853--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/AGNRo5jp23npOE.Dy2xFjg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/cbe71bb11a54f310110f6a706700b152.jpg" width="130" height="86" alt="A clerk counts Chinese banknotes at a bank in Huaibei, in central China's Anhui province, Friday June 8, 2012. China cut state-set gasoline and diesel prices for the second time in a month on Friday amid mounting government efforts to reverse a sharp slowdown in the world's second-largest economy. The reduction in fuel prices followed an interest rate cut on Thursday, which was the first in almost four years, and a small but significant step toward letting the market set rates paid on bank deposits. (AP Photo) CHINA OUT" align="left" title="A clerk counts Chinese banknotes at a bank in Huaibei, in central China's Anhui province, Friday June 8, 2012. China cut state-set gasoline and diesel prices for the second time in a month on Friday amid mounting government efforts to reverse a sharp slowdown in the world's second-largest economy. The reduction in fuel prices followed an interest rate cut on Thursday, which was the first in almost four years, and a small but significant step toward letting the market set rates paid on bank deposits. (AP Photo) CHINA OUT" border="0" /></a>China's inflation eased further in October as increases in food prices slowed, giving Beijing room to launch new stimulus measures if needed to speed a recovery from a painful economic slump.</p><br clear="all"/>
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