China’s Economic Recovery: Slowing Growth and Deflationary Pressures
The National Bureau of Statistics reported China’s consumer price index (CPI) was flat in September. The producer price index fell 2.5% from a year earlier, weaker than expectations of a 2.4% drop, after a 3% drop in August. Low prices underscore what China’s top leaders have called a “meandering” economic recovery after the country emerged … Read more