against the BIFF has forc

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CHINA’S consumer prices continued to grow at their highest level since July 2014 last month while factory gate prices rose for the first time in 27 months,
easing concerns over the economic slowdown?


The Consumer Price Index, the main gauge of inflation, grew 2.3 percent from a year earlier in March, the same as February, the National Bureau of Statistics
said yesterday?


Food prices, accounting for nearly a third of the CPI basket, rose 7.6 percent, compared to February’s 7.3 percent and January’s 4.1 percent?


Prices in the non-food sector rose 1 percent, the same as February?

Yu Qiumei, a bureau researcher, said shortages of vegetables and pork helped sustain inflation, with fresh vegetables up 35.8 percent year on year last
month, the fastest rise in nearly eight years partly due to bad weather in
February? Pork prices were up by 28.4 percent?


The Producer Price Index, a measurement of inflation at the factory gate and an indication of future prices at the consumer end, rose 0.5 percent month on
month, the first rise since January 2014?


On a year-on-year basis, however, it fell 4.3 percent, the 49th consecutive month of decline, although narrowing from February’s 4.9 percent and 5.3 percent
in January?


Liu Ligang, chief China economist at Australia & New Zealand Banking Group Ltd, said: “Deflation is our top macroeconomic concern and today’s PPI
offers signs of relief? Recent surging housing prices may become a pull factor
on the price front, and if the recovery persists for a few more months,
commodity prices will likely be stabilized?”


He said the figures suggested that the People’s Bank of China will be less aggressive in monetary easing, and ANZ now expects just one cut in banks’
reserve requirements this year rather than three?


HSBC economists Julia Wang and Li Jing wrote in a note that food price inflation is expected to ease in the second quarter, leaving the full year CPI
“comfortably” below the 3 percent official target?


That will allow the government to adopt easy monetary policies and an expansionary fiscal policy to counter economic slowdown factors such as lower
capacity and soft external demand, the note said?


China has been watching for deflationary pressures over the past year due to slowing economic growth and continued falls in producer prices?


In last year’s final quarter, its gross domestic product grew 6.8 percent, giving 2015 a growth rate of 6.9 percent, the slowest annual expansion in a
quarter of a century?


This year, the official target is between 6.5 percent and 7 percent?

The World Bank said yesterday it expected China’s growth to be slower and more sustainable, with a 6.7 percent GDP increase this year?


MANILA Russell Wilson Seahawks Jersey , March 12 (Xinhua) -- The all-out war launched by
the Philippine military against the Bangsamoro Islamic Freedom Fighters (BIFF)
would not affect the Mindanao peace process, according to a top Philippine
government official.


The massive military offensive that started Feb. 11 against the renegade Muslim rebels in the province of Maguindanao in Mindanao, some
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 ,800 km south of Manila, has already resulted in the death
of 73 BIFF fighters and four government troopers.


Presidential Adviser on the Peace Process Teresita Deles said the government is confident that the military action against the BIFF would not derail the
peace negotiations with the Moro Islamic Liberation Front (MILF), the mainstream
rebel group that has signed a peace accord with the government last year.


The BIFF is led by former MILF commander Umbra Kato who decided to split from the MILF after the latter signed a peace pact with the government. The BIFF
wants to establish an Islamic state in Mindanao while the MILF opted to have a
sub-state called Bangsamoro with semi-sovereign powers but still within the
ambit of the Philippine government.


According to Deles Rasheem
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 , the military has assured them that the offensive
against the BIFF is "very targeted" and would not include MILF-controlled areas.


The military operation against the BIFF is centered on the Liguasan Marsh in Maguindanao where Basit Usman, the Filipino deputy of Malaysian-born terrorist
Zulkifli bin Hir, also known as
"Marwan Michael
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 ," is believed to be hiding.


Marwan, an expert on bomb making, was killed in the bloody encounter on Jan. 25 in
Mamasapano Will
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 , Maguindanao, but Usman was able to escape.


The encounter also resulted in the death of 44 members of the elite Special Action Force (SAF) of the Philippine National Police (PNP), 18 rebels and five
civilians.


On Sunday Rashaad
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 , the Philippine military said that among the killed
BIFF guerrillas was a foreign-looking combatant whose identity has not been
established.


Gregorio Pio Catapang Jr., chief of staff of the Armed Forces of the Philippines (AFP), said they have information that four foreign terrorists were
being coddled by Mohammad Ali
Tambako Tedric
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 , a former leader of the BIFF who formed his own
splinter group called Islamic Justice Movement (IJM).


Other reports said four Indonesians and one Pakistani terrorist are still being coddled by the BIFF.


The government-led Committee on the Cessation of Hostilities has reported a series of incidents attributed to the BIFF aimed at sabotaging the peace
process.


In July last year, a total of 10 violent incidents attributed to the BIFF took place in Maguindanao and North Cotabato. In August, violent incidents
reportedly instigated by the BIFF rose to 17 and took place in
Maguindanao Nazair
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 , North Cotabato, and the boundaries of both areas.


By September last year, violent incidents also perpetrated by the MILF-splinter group surged to 22 and covered not just the three
previously-mentioned areas but also the province of Basilan.


The operation against the BIFF has forced about 45 Delano Hill Youth
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 ,000 civilians to flee their homes, according to local officials.


Meanwhile, a Malaysian policeman was. Baseball Jerseys From
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Posted 10 Dec 2018

Latest sports news headlines from India and world. Check out today's most recent & up-to-date news coverage, videos & photos at thesportsrumour.com
Posted 11 Dec 2018

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