Strong China Growth, Inflation

The "China: Strong Growth, Rising Inflation Put Monetary Officials In A Corner" chart says it all.

click to enlarge

And I believe their inflation data much less than I believe the BLS stuff . . .

Source:
China: Strong Growth, Rising Inflation Put Monetary Officials In A Corner
James Pressler
Northern Trust
http://web-xp2a-pws.ntrs.com/content//media/attachment/data/econ_research/0704/document/dd041907.pdf4