China’s Inflation Continues Up

China’s uncontrolled inflation could result in hard landing.
China’s Inflation Continues Up
A woman buys pork at a supermarket on July 3 in Yichang, Hubei Province. China's consumer price index (CPI), a main gauge of inflation, surged 6.4 percent over last year, hitting a three-year high in June. Grains rose 12.4 percent, eggs 23.3 percent, and pork soared a whopping 57.1 percent. AFP/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/china_inflation_118201763.jpg" alt="A woman buys pork at a supermarket on July 3 in Yichang, Hubei Province. China's consumer price index (CPI), a main gauge of inflation, surged 6.4 percent over last year, hitting a three-year high in June. Grains rose 12.4 percent, eggs 23.3 percent, and pork soared a whopping 57.1 percent. (AFP/Getty Images)" title="A woman buys pork at a supermarket on July 3 in Yichang, Hubei Province. China's consumer price index (CPI), a main gauge of inflation, surged 6.4 percent over last year, hitting a three-year high in June. Grains rose 12.4 percent, eggs 23.3 percent, and pork soared a whopping 57.1 percent. (AFP/Getty Images)" width="320" class="size-medium wp-image-1800894"/></a>
A woman buys pork at a supermarket on July 3 in Yichang, Hubei Province. China's consumer price index (CPI), a main gauge of inflation, surged 6.4 percent over last year, hitting a three-year high in June. Grains rose 12.4 percent, eggs 23.3 percent, and pork soared a whopping 57.1 percent. (AFP/Getty Images)