Olympic Commitee officials said they have full confidence in the food being supplied for the Beijing Olympics and will have their athletes follow the same meal plan they have used for the past two Games. My comment: I spent 4 weeks in China from Jan. 21st to Feb.18th and enjoyed the delicious and delectable food in Shanghai at reasonable prices for local folks. However,food prices in other places are same as in USA with high cost,such as Starbucks coffee of US$4 a cup in Nanjing.
China will make the yuan more flexible and use interest rates to curb inflatin that is projected to remain high through June. The Yuan's appreciation has helped to rein in import prices. The Yuan has risen 16% since the end of fixed dollar link in 2005 as China tries to prevent the world's fastest growing major economy from overheating. Let us wait and see the happenings in the days to come. Francis Shieh a.k.a. Xie Shihao on Feb. 23, 2008
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