Inflation Fears
May 17, 2010
Rising inflation in China is fuelling American concerns that reining in growth here could have negative consequences in the U.S.
Some fear that a cooling of China's overheating economy could hurt U.S. markets by cutting Chinese investment in U.S. stocks and Treasuries. And higher inflation, coupled with the 12% annual economic growth rate in the first quarter, is setting off alarm bells around the world.
Tags: inflation,economic growth