China's factory gate prices jump as commodities rally

Beijing (AFP) May 11, 2021

China's factory gate inflation rose at its fastest rate in nearly four years last month, data showed Tuesday, as a strong recovery in the world's number two economy sees a surge in demand for key commodities such as iron ore and copper. The forecast-beating jump in prices comes as global investors grow increasingly worried that the blast in economic activity expected to be caused by the easi