China's Deflation Crisis Deepens, Urgent Stimulus Needed

1 min read
Source: South China Morning Post
China's Deflation Crisis Deepens, Urgent Stimulus Needed
Photo: South China Morning Post
TL;DR

China's deflation risks increased in June due to weak demand, with consumer inflation remaining flat and factory-gate prices declining further. The data suggests a potential weaker performance in second-quarter economic data.

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