China’s soaring inflation could affect U.S. - Trade Only Today

China’s soaring inflation could affect U.S.

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As the United States and Europe struggle to get their economies rolling, China is having the opposite problem - keeping its revved-up economic growth engine from generating runaway inflation.

The latest sign that things were moving too fast came during the weekend when China's central bank ordered the biggest banks to set aside more cash reserves, according to the New York Times.

Because China is now the world's second-largest economy after the United States, and because the country has been a leading source of global growth during the last two years, money problems in China can reverberate worldwide.

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Territory Sales Manager- Central States - HydroHoist

HydroHoist Marine Group, Inc. (HMG), founded in 1964, is the world’s leading hydro-pneumatic boat lift company specializing in the manufacture, sale and service of boat lifts, power pedestals through our innovative HyPower division and other marine related products.