China inflation of prices arise serious disputes

Brief introduction

The story began on 9th November 2010. News shows a research status, the prices of breakfast (noodle) rise to4- 5 Yuan per 500g in China. Then news reported the edible oil price rose ensuing.
As we know, during 2010, there are a lot of inflation phenomena. First, the taxi cost increased from 6 Yuan to 8Yuan per kilometer. Bus ticket increased from 1.5 Yuan to 2 Yuan. After that, the gas price also increased. The funniest thing is that, since the government intervention, a lot of speculators give up to speculate realestate. They are turn to speculate agricultural products. So the garlic and beans price increased rapidly. A lot of customers can’t bear the rapid increasing of price. So some senior citizens predict there will be a big inflation in the near future. That is correct? Let’s analysis it letter.

Bad influence

Since a lot of living necessities’ price increase continually. So a lot of people begin to store oil, garlic, fruits, beans, clothes etc. what the exactly meaning is, the price will continue to increasing. This is a vicious spiral. The directly consequence is the interest of Chinese bank increasing. A lot of overseas media want to know the latest information of this issue.

Disputes from Chinese citizens

So a lot of people have a question that is why the price increased but our salary never increase. How can we make a living with a little salary? How can we support our family?

“As the price inflation, we feel very hard to pay for daily living necessities” a passenger said. “We feel very hard to support our family”

The explanation from government

The price inflation happened all over the world, not only happened in China. There are several reasons. First, the food price increased, especially the pork price and other meat price increased. Second, social need or market demand increased. Third, affected by global price inflation, the international oil price increased caused China price inflation. Forth, enterprises cost rose. Fifth, the market order is not in standard etc. “However, the price increased a lot, but please don’t worry, this year will be the worst time, the coming year will be better. And Chinese government will control this situation well, please trust us” economic professor MR Huang June said.

Good news
Even though there is a global inflation, but dinodirect.com won’t raise the price forever. We prefer to be a bankrupt rather than raising the price. We will overcome this hard time together with our customers.