China readies price controls as it tries to tackle rising food inflation

first_img CHINA will unveil food price controls and crack down on speculation in agricultural commodities to contain inflationary pressure that its central bank governor highlighted as a risk yesterday.With consumer prices rising at their fastest pace in more than two years, the National Development and Reform Commission, the country’s top planning agency, is preparing a “one-two punch” of actions to rein in food costs, official media reported.Such direct intervention would mark an escalation of the government’s efforts to tame inflation and underline its worries over the rapid run-up in food prices.Possible steps include price controls, subsidies for shoppers, a crackdown on hoarding and price gouging as well as a system whereby mayors are made responsible for a basket of food items, the China Securities Journal reported. Those found speculating on corn or cotton will also be punished severely, it added.Consumer price inflation sped to a 25-month high in October, with prices rising 4.4 per cent from a year earlier. Food, which makes up about a third of China’s consumer price index, led the way, climbing 10.1 per cent. Non-food items increased just 1.6 per cent. Share Show Comments ▼ China readies price controls as it tries to tackle rising food inflation Tuesday 16 November 2010 9:00 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com KCS-content center_img whatsapp whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: NULLlast_img read more

RHT Holding Ltd (RHT.mu) Q12019 Interim Report

first_imgRHT Holding Ltd (RHT.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2019 interim results for the first quarter.For more information about RHT Holding Ltd (RHT.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the RHT Holding Ltd (RHT.mu) company page on AfricanFinancials.Document: RHT Holding Ltd (RHT.mu)  2019 interim results for the first quarter.Company ProfileRHT Holding Limited provides public transport services in Mauritius. The company has since diversified its service provision into real estate and property services as well as computer and general technological property services. RHT Holding Limited is listed on the Stock Exchange of Mauritius’ Development Enterprise Market.last_img read more