China International Political Economy

China inflation in May was down as the China CPI went from 8.5 percent in April to 7.7 percent in May according to Forbes.

Nonetheless, many are skeptical of the China government’s National Bureau of Statistics number may be skewed due to price controls in certain sectors.

For examples, it is known that the China government has asked firms in the food and construction sectors to hold prices for the good of the Chinese economy similar to that of the oil and energy producers.