Showing posts with label Cost of living. Show all posts
Showing posts with label Cost of living. Show all posts

Wednesday, April 09, 2008

Cheap imports not so cheap

Rent, bills, services, fuel and medical bills may be steadily rising for the western consumer, but there's aways ever cheapening Asian goods to look forward to isn't there?

Well maybe not for much longer.

The question now is whether China will revalue its currency to compensate for inflation.