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China, Long a Source of Deflation, Starts Raising Prices for the World
Keywords: China Export Prices,
Tags: Current Focus, China,
Rising cost of raw materials and supply chain constraints are making many Chinese manufacturers to raise prices on products they export. Prices are being raised by 5% to 15% by exporters as their profit margins come under pressure. Much of the price increase is likely to be absorbed by retailers in importing countries.
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