Economy

China says imported inflation rising; firms under pressure

(Agencies)
Updated: 2011-04-20 13:58

Related readings:  Chinese gov't to block imported inflation impact  China hit by imported inflation

China faces quickening imported inflation and some firms are suffering "great losses" from rising prices for raw materials, China's Ministry of Industry and Information Technology said on Wednesday.

At a press briefing, the ministry also said the world economy faces an uncertain outlook owing to the unrest in the Middle East and Japan's earthquake, tsunami and nuclear disasters.