Hao Hao ReportThe best China news and blog posts

What effect does China have on prices in the West, and by extension Western interest rates and Western perceived purchasing power?

Lower CPI means lower interest rates over the past decade. Yet this article highlights than cost savings now mean higher inflation in the future as Chinese wages and the Renminbi appreciate faster than of countries where production was switched from.

Can China move up the Value Chain fast enough to offset this?