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December 17, 2010

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A vendor selling garlic and turnips sits in the back of his truck as he waits for customers at an outdoor fruit and vegetable market located on the outskirts of Beijing. China's inflation soared past forecasts to a 28-month high in November and showed signs of spreading beyond food prices, putting pressure on the government to tighten monetary policy. China is striding into an era where higher inflation will become a more permanent feature of its economic landscape, a shift that the government showing signs of accepting.

PHOTO: David Gray/Reuters

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