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China Exports Inflation to US

Coinciding factors exert upward pressure on prices

By Kevin Spak,  Newser Staff

Posted Feb 1, 2008 1:35 PM CST

(Newser) – After years of pumping out cheap consumer goods, China is driving up American price tags, the New York Times reports. As costs rise domestically, prices down the supply chain rise at the same time that recession threatens in the US. “China has been the...   Read full story »

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