China's Economy, Renminbi and Inflation

choi

Contrast

(1) Richard Silk, 人民币升值令2014年中国出口前景面临挑战. 华尔街日报中文版, Jan 10, 2014
cn.wsj.com/gb/20140110/bch190659.asp

, which is translated from

Richard Silk, China Exports To Face Tough 2014 as Yuan Climbs. Real Time Economics, Jan 10, 2014.
blogs.wsj.com/economics/2014/01/10/china-exports-to-face-tough-2014-as-yuan-climbs/


with (2) Keith Bradsher, 工资上涨难挡中国出口增长势头. 纽约时报中文网, Jan 10, 2014
cn.nytimes.com/business/20140110/c10yuan/

, which is translated from

Keith Bradsher, Even as Wages Rise, China Exports Grow. New York Times, Jan 10, 2014
("China announced on Friday morning its largest annual trade surplus in dollar terms since 2008, as the surplus widened another 12.8 percent compared to 2012, reaching $259.75 billion")

choi

See also

Alex Frangos, The Low Price of Shifting China's Economy. Wall Street Journal, Jan 10, 2014 (in the half page Heard on the Street)
online.wsj.com/news/articles/SB20001424052702303393804579309920001317910
("If the price of reform in China is slower economic growth, at least it comes with falling inflation. China reported consumer prices rose 2.5% in December compared with the same month a year earlier, down from a 3% rise in November")

My comment:
(a) There is no need to read the rest.
(b) The working title of the short essay, judging from Google's return of searched result, was:

All's Quiet on China's Prices Front

, which is less poetic than the current one but more telling.
(c) This (low inflation together with slowed economy in China) is, to use metaphors, silver lining or 塞翁失馬焉知非福.