Breaking News – Heated complaints over rocketing prices

Posted by Michael Anderson on Wednesday, January 23rd, 2008
 
 Heated complaints over rocketing prices [1:53m]: Play Now | Play in Popup | Download


As Chinese New Year approaches, market prices in Guangdong Province experienced widespread elevation. The price of pork in Shenzhen city has rocketed severely, forcing residents to redirect their appetite for barbecue pork and have other alternatives in its place. Since 2007, the issue in which pigs in pig farms are being slaughtered and stolen has been rising in occurrence and become an alarming trend.

Experts from the Chinese Academy of Social Sciences have warned, the Chinese people will face severe inflations in the year of 2008. The current situation of rocketing prices is becoming increasingly difficult for the general public to bear. Currently more and more citizens are complaining about the new procedures put in place by the Chinese Communist regime in order to prevent price rises during the Olympic Games.

A resident in Hubei expressed to reporters, the problem of inflation in China is well known throughout the world, but the government is denying reality. He said, “If you look at media overseas, they all point to the inflation issues in China. Only the Chinese Communist’s media spokesperson could stand up and say ‘this is not inflation’. If this is not inflation, what do you call it? According to the Communist spokespersons, and their experts in economy, inflation is only when you are not able to buy anything.”

A farmer recently revealed, “as the available agricultural land has decreased, coupled with rocketing prices, many have no choice but to take up part time labor in order to maintain a living. “You cannot save any money, everything is expensive, how can you to save? The problem now is there is less land for agriculture, and we have to take up manual labor.” he said.

The above news was brought to you by Li Jun and Chris Thomas for Breaking News on SOH Radio Network.

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