REFILE-UPDATE 1-China March inflation quickens to 5.3-5.4 pct -media

[bemildred]

BEIJING, April 14 (Reuters) - Chinese inflation in March accelerated to as fast as 5.4 percent from a year earlier, Hong Kong media said on Thursday, reinforcing the government's vow to rein in price rises.

Economists polled by Reuters had expected annual inflation in March to be 5.2 percent, up from February's 4.9 percent.

The website of Hong Kong's Phoenix TV, citing an unnamed source, said the annual rate of inflation in March was likely to be 5.3-5.4 percent, a 32-month high.

The government has vowed to use all tools at its disposal, including bank reserve requirements, interest rates and the yuan's exchange rate, to wrestle inflation under control, Xinhua said on Wednesday.

http://www.reuters.com/article/2011/04/14/china-economy-cpi-idUSL3E7FE0EO20110414

[madrchsod]

1. china is in trouble......big trouble

[bemildred]

2. We are all in trouble. nt

[bemildred]

3. But rail shipments are up!!!! nt

[golfguru]

4. +100

[roamer65]

5. China eventually will break the dollar peg and export the inflation right back to the USA.