Prices just keep on rising

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Oriental Morning Post
February 19, 2008

Today’s Oriental Morning Post addresses China’s rising inflationary pressures. The top headline concerns a report published by the National Statistic Bureau yesterday; the market price of food products rose 10.4% during the first month of 2008, and there was no question that January’s CPI index would set a new high. It did: 7.1% (see this Xinhua story).

The paper’s front page picture shows traffic beneath an overpass at East Yan’an Road at the Shanghai Bund. Three Yan’an Road ramps will be demolished to beautify the area.

Other headlines:

• China expressed “serious concern” over Kosovo’s declaration of independence yesterday. China Foreign Ministry spokesman Liu Jianchao said that Taiwan authorities have no right to recognize Kosovo’s independence.

• On Monday, China’s Ministry of Health confirmed another human case of H5N1 bird flu in Hunan Province.

• In a delayed report of news from late January, a police in Urumqi, Xinjiang, resulted in the deaths of two members of a terrorist gang and 15 arrests. The Opposite End of China compares this raid to one last year.

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