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Smoke billows from a large steel plant in Inner Mongolia, China, on Nov. 4, 2016. (Kevin Frayer/Getty Images) China ’s factory-gate inflation index, the PPI, rose 10.7 percent from a year earlier in September—the highest level on record—driven in part by soaring energy prices , and potentially adding to global inflation pressure.
The National Bureau of Statistics (NBS) on Thursday released the figure that measures price fluctuations of goods at the factory gate.
China’s producer price index (PPI) marked its biggest rise since the bureau started compiling the data in 1996. Economists in a Reuters poll had expected a 10.5 percent rise, after a 9.5 percent print in August.
The rising costs of raw material prices, including crude oil, coal , and metals, are major reasons for the increase, along with China’s large-scale power cuts .
The index had already hit a 13-year high in August, reflecting a surge in commodity prices and placing further pressure on businesses, many of whom have been forced to halt operations across factories due to continuous power outages and blackouts, which have affected more than 19 provinces.
Several Apple and Tesla suppliers and companies in the chemical industry suspended their production, which also caused the prices of raw materials to soar.
“In September, affected by factors such as rising prices of coal and some energy-intensive industry products, the price increase of industrial products continued to expand,” NBS senior statistician Dong Lijuan said in a statement.
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The outages are caused by a combination of the surging price of coal and supply shortages.
Analysts have also suggested that the country’s power crisis is a result of the CCP regime’s restrictive policies on energy emissions implemented to tackle climate change.Data on Thursday showed consumer inflation remains low, increasing just 0.7 percent in September from a year earlier, amid weak demand for goods such as clothing and household appliances, as well as a decline in volatile food prices.But Chinese businesses have so far been reluctant to pass on the higher costs to local customers due to a lack of demand.Tang Jianwei, chief macroeconomics analyst at BOCOM, said China’s mixed inflation could see policymakers […]
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Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
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JD Rucker
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