Wed, February 16, 2011
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China confronts cost of living pressure

2011-02-16 10:58:52 GMT2011-02-16 18:58:52(Beijing Time)  SINA.com

China's inflation rate has risen again, adding pressure on Beijing to cool the cost of living.

And while the increase was lower than expected, there's now speculation the country's central bank will increase interest rates again.

(ABC News)

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