The growing inflation in China has affected the U.S. imports

Many buyers will be shocked when New York clothing buyers go to China next month to attend trade fairs to discuss next fall's fashion.

"This winter, they will only be able to purchase 35% less goods than this time last year in the same amount of money, especially fur coats and cotton sports jackets," said M odel, CEO of a clothing design company. Consumers will certainly see the price increase."

Inflation has arrived in China. After the Central Bank of China released important financial data on Tuesday, few economists predicted that Beijing officials could control rising prices in the near future. As a result, U.S. importers of Chinese goods will feel pressured, but the impact on U.S. consumers will be minimal.

There are many steps in the generation of inflation from the transportation to the salaries of salespeople, which affects the retail prices of Chinese goods in the United States. Excluding these steps, imports from China are equivalent to 2% of the U.S. economy.

It is China that has a greater impact on consumers. As China’s rising economy prompts more residents to purchase goods that are pouring from factories, Chinese consumers can directly feel inflationary pressures.