Huffpost Business

How Chinese Inflation Could Impact The U.S.

Posted: Updated:

BEIJING -- When garment buyers from New York show up next month at China's annual trade shows to bargain over next autumn's fashions, many will face sticker shock.

"They're going to go home with 35 percent less product than for the same dollars as last year," particularly for fur coats and cotton sportswear, said Bennett Model, chief executive of Cassin, a Manhattan-based line of designer clothing. "The consumer will definitely see the price rise."

Read the whole story at The New York Times

Around the Web

Chinese Inflation Rises, Threatening Higher Consumer Prices ...

FT.com / China - China inflation rises again

China can manage inflation expectations - Vice Premier