China's inflation slowing

China's consumer prices might have peaked in November before moderating gradually, said analysts, who noted that Beijing has released stockpiles of pork and sugar, barred hoarding and boosted supplies of coal, power and oil to tame inflation . Subangshu Dutt, chairman of the Institute of Chartered Shipbrokers in Singapore who also lectures at ITI@SMU, said: ?If inflation slows, domestic consumption will grow and this will boost imports. So that's good for shipping because carriers would have more cargo to transport, since China is a major importer of raw materials.?