Free Republic

CommentaryInflation is about to hit China at a very inopportune time.Inflation and specters of a U.S. Federal Reserve interest rate hike could present a double whammy on China’s economy as it struggles to come out of COVID-19 lockdowns.Official National Bureau of Statistics (NBS) data showed Chinese factory-gate prices, or the cost at which wholesalers purchase from factories, increased 13.5 percent in October compared to a year ago. This is the fastest rise in China’s producer price index (PPI) since 1996. The index tracks purely the price of goods at “factory gates” and doesn’t include transportation or logistics costs, which are...

Seeking leads as the massive manhunt for Christopher Dorner -- the former Los Angeles police officer suspected in three killings -- progressed into its fourth day, authorities on Sunday announced a $1 million reward for information leading to his arrest. LA Mayor Antonio Villaraigosa announced the reward at a news conference at Los Angeles Police Department headquarters. “This search is not a matter of if, but a matter of when," he said. "I want Chris Dorner to know that.” Read more: http://www.foxnews.com/us/2013/02/10/searchers-struggle-to-pick-up-trail-former-los-angeles-cop-wanted-in-killing/#ixzz2KY18yu4g