China clarifies salt shortage rumors due to nuclear crisis in Japan

| March 22nd, 2011

From Netease | Translated by Jue | Edited by Key

China News Agency, Beijing March 17th

Recently, there has been shopping spree for salt in some parts of China due to the growing nuclear crisis in Japan and the rumors that iodized salt will be capable to protect oneself from nuclear radiation, also with the fears that nuclear leaks would affect coastal areas in China and the marine products and salt would also be contaminated.

Therefore on March 17th, Chinese National Salt […]Read more…

Inflation behind 100 yuan

| November 18th, 2010

From Netease:

November 11, 2010, data from Bureau of Statistics showed in October consumer price index rose 4.4%, reached a new high in the last 25 months.

Rewind time back to November, 2009, in one year, how much did the price of commodities rise?

The same 100 yuan, how many less things does it buy you after one year?

According to data from Beijing Market Association on November 13, 2009 and on November 13, 2010, let’s take a look how much the same 100 […]Read more…