Prices Too High in China
Nearly half of all Chinese are saying that consumer prices are "too high and unacceptable."
Welcome to the world of capitalism.
It happens that way until the market produces competition to drive the prices back down.
Nearly two times more people are feeling the pinch this year compared to last year according to a central bank survey.
Seven in 10 people expect the prices to keep going up, too.
China's inflation rate of 6.9% echoes those fears.
Chinese are opting to save 46% rather than invest in falling stocks and funds.
Only one in three (36%) will buy stocks and funds IF there were to invest.
Two in five companies say they are in 'good condition' whereas one in four say the banks' loan policies are too strict and they are having trouble getting capital flow.
Do you think prices are too high?
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