China made goods will get more_老虎社区_美港股上老虎

7ea09981
2021-06-09

China made goods will get more expensive?

Chinese factories worried about profits face a record gap between rising production costs and selling prices

KEY POINTS While selling prices to private consumers are holding fairly steady, production costs ar

Chinese factories worried about profits face a record gap between rising production costs and selling prices

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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese factories worried about profits face a record gap between rising production costs and selling prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/chinas-producer-prices-ppi-outpace-consumer-cpi-by-the-most-on-record.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nWhile selling prices to private consumers are holding fairly steady, production costs are soaring, cutting into how much money manufacturers can make.\nThe difference between indexes ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/chinas-producer-prices-ppi-outpace-consumer-cpi-by-the-most-on-record.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/09/chinas-producer-prices-ppi-outpace-consumer-cpi-by-the-most-on-record.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142545635","content_text":"KEY POINTS\n\nWhile selling prices to private consumers are holding fairly steady, production costs are soaring, cutting into how much money manufacturers can make.\nThe difference between indexes measuring the speed of increase for both reached 7.7 percentage points in May, the highest on record.\nManufacturers of cars, ships and airplanes are seeing earnings losses, said Larry Hu, chief China economist at Macquarie.\n\nBEIJING — Chinese factories are facing the largest gap on record between the speed at which producer prices and consumer prices are climbing.\nSelling prices to private consumers are holding fairly steady, while production costs are soaring. Thatcuts into how much money manufacturers can make.\nChina’sproducer price index rose 9% in Mayfrom a year ago — the fastest since 2008 — as commodity prices surged, while the consumer price index climbed 1.3%, the National Bureau of Statistics said Wednesday.\nThe difference between the two reached 7.7 percentage points, the highest on record, surpassing the previous peak of 7 percentage points in 2017.\nThe widening gap affects heavy commodity users the most, Larry Hu, chief China economist at Macquarie, said in a report Wednesday. He noted that manufacturers of cars, ships and airplanes are seeing earnings losses.\nOn the other hand, coal miners and steel producers are benefiting from the commodity price surge, the report showed.\nHu expects the gap between the producer and consumer price indexes to narrow as commodity prices pull back from highs and the global economic recovery becomes driven more by demand for services, rather than goods.\nFour years ago, commodity prices climbed on the back of China’s cuts to production. Economists said this round of increases is due largely to a recovery in the global economy from the coronavirus pandemic. China remains the largest user of many major commodities such as iron ore and copper.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}