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Rising China Inflation Drive Mainland Shoppers to H.K.: Video

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Published on Mar 23, 2012

May 10 (Bloomberg) -- Bloomberg's Zeb Eckert reports on how rising inflation in China is encouraging mainland consumers to visit Hong Kong to spend. Chinas consumer prices may have climbed 2.7 percent, matching a 16-month high. Producer prices may have climbed the most in 18 months in April on rising costs of imported goods, adding to signs that the countrys fixed exchange rate is stoking inflation. The statistics bureau releases April data tomorrow in Beijing. (Source: Bloomberg)

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