[ad_1] China, long a global economic powerhouse, is facing a period of slowed growth, with key financial institutions forecasting a tough year ahead. The real gross domestic growth (GDP) in the world’s second-largest economy is expected to grow at the slowest pace since 1990, with the exception of the pandemic period between 2020 and 2022 […]
China price growth stays near zero as deflation persists – CNBC TV18
[ad_1] China’s consumer inflation was anemic in October while factory-gate prices continued falling, suggesting the government’s latest round of stimulus is far from sufficient to free the economy from the grip of deflation. The consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics said Saturday, compared with a 0.4% gain […]