China can teach the West a valuable lesson on inflation - Sydney Morning Herald

While inflation is roaring in the West, China has managed to keep its figures under control with a different strategy.

Judging by the latest inflation numbers, developed nations are turning into emerging markets. The US reported 8.5 per cent year-on-year jump in March, while inflation in the UK soared to 7 per cent, … [+3068 chars]

full article...