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China’s factory prices give global inflation unexpected lift

Bloomberg Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated. China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released followed 5.5 percent readings in the prior three months and was unexpected for analysts, ...

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China set to unveil auto emission, mileage rule

Bloomberg China will soon unveil a mandatory cap-and-trade credit programme for electric cars, starting the countdown for carmakers to be in compliance with stricter rules on emissions and fuel economy, according to the country’s state-backed auto association. The policy may be announced as early as this week, Shi Jianhua, deputy secretary general of the China Association of Automobile Manufacturers, said ...

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Chengdu tops as China’s best-performing big city

Bloomberg Chengdu, the capital of southwest China’s Sichuan province, reclaimed the top spot in a Milken Institute ranking of the country’s best-performing big cities. Nearby Chongqing climbed to second place, while Guiyang, the capital of China’s poor-but-fast- growing Guizhou province, fell to third from first, according to a report released on Monday by the Santa Monica, California-based think tank founded ...

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