Chinese Inflation and growth

Mish has quite a few good posts on China, his most recent is titled "Bloodstained Property Map and Trampled Rights; China's Population: 1.3 Billion; Construction Underway: 43 Billion Square Feet"

I recommend reading it and the links he provides.

I ran across a video from a news agency outside the US of some basic discussions of Chinese economy. China had apparently a 4.9% inflation in January. Rest assured if thats the Chinese published number, it has to be much higher.