Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usuall
ID: 2814962 • Letter: P
Question
Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usually tame, are up.Prices are rising in China — and that could complicate Beijing’s efforts to prop up a slowing economy and navigate President Trump’s trade war.
Chinese officials said Monday that an index of consumer prices rose in August for the third consecutive month. The increases are not particularly sharp, and Chinese economists point to a number of temporary factors pushing up prices, like floods that have damaged crops and a swine flu epidemic that led farmers to cull pigs.
Question: Copy and paste into your response a passage from the article that you think is particularly interesting and/or important.
Set off the passage with quotation marks.
Explain, in your own words, why the passage is interesting and/or important.
Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usually tame, are up.
Prices are rising in China — and that could complicate Beijing’s efforts to prop up a slowing economy and navigate President Trump’s trade war.
Chinese officials said Monday that an index of consumer prices rose in August for the third consecutive month. The increases are not particularly sharp, and Chinese economists point to a number of temporary factors pushing up prices, like floods that have damaged crops and a swine flu epidemic that led farmers to cull pigs.
Question: Copy and paste into your response a passage from the article that you think is particularly interesting and/or important.
Set off the passage with quotation marks.
Explain, in your own words, why the passage is interesting and/or important.
Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usually tame, are up.
Prices are rising in China — and that could complicate Beijing’s efforts to prop up a slowing economy and navigate President Trump’s trade war.
Chinese officials said Monday that an index of consumer prices rose in August for the third consecutive month. The increases are not particularly sharp, and Chinese economists point to a number of temporary factors pushing up prices, like floods that have damaged crops and a swine flu epidemic that led farmers to cull pigs.
Question: Copy and paste into your response a passage from the article that you think is particularly interesting and/or important.
Set off the passage with quotation marks.
Explain, in your own words, why the passage is interesting and/or important. Copy and paste into your response a passage from the article that you think is particularly interesting and/or important.
Set off the passage with quotation marks.
Explain, in your own words, why the passage is interesting and/or important.
Explanation / Answer
"Pork is up. Vegetables are up. Gasoline is up. Even the official numbers, usually tame, are up."
I found this passage very interesting because it says that the prices of all products have increased and the most interesting phrase in this passage is that the official numbers have also increased. This is indicating towards the fact that the official numbers are usually tame or in simple words they are made up or subdued. The politicians do not want to reveal the true numbers or the state of economy to the people. So if there has actually been a slight inflation the official numbers would not really say so. However in this scenario the official numbers are also on the higher side which indicates that the inflation is really high and the politicians cannot tamper with the numbers anymore.