China economy booms as inflation soars


On Friday, the National Bureau of Statistics (NBS) of China announced that in the first quarter of this year, China's economy leapt 9.7%, compared with the same period last year.

Inflation in China has also accelerated to the fastest rate since 2008, despite repeated interest rate rises.

Consumer prices went up by 5.4% in March, compared with 2010. In February, the annual figure was 4.9%.

The government has been taking steps to try to decrease property and food prices, yet the figures speak for

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