China Deflation Worries_ Top Chinese Oncologist’s Death: SCMP Daily Highlights
6 Articles
6 Articles
Deflation weighs on China’s economy
Falling prices across a range of sectors — from pork to apartments — are weighing on China’s economic recovery. Producer prices fell the most in nearly two years in June, while consumer goods costs fell month-over-month, despite eking out a narrow yearly gain. Deflation has especially hit food prices, with pork tumbling 8.5% since last June. Prices for secondhand apartments have fallen, too, deepening Beijing’s property woes and underlining Chin…
China deflation worries, top Chinese oncologist’s death: SCMP daily highlights
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China denies giving Iran air defence systems after conflict with Israel China has denied transferring surface-to-air missile batteries to Iran following Israel’s attacks on the Islamic Republic last month. 2. Export ban for Taiwan firms a stern warning for separatist forces: Beijing Beijing has banned the e…
China Enters Deflation and Brazil Slows Down: Why It Worries and What Markets Expect - the Economist
China goes into deflation and Brazil moderates its inflation: what the latest data show, what measures are expected, and how it impacts the global economy.
Fang Liu Market Consensus ( Edmond de Rothschild AM) At the beginning of the pandemic, most countries implemented expansionary monetary policies (Graph 1) to address the crisis, so price indices were closely followed indicators to prevent high inflation that could trigger economic warming and asset bubbles. A moderate inflation rate is usually a prerequisite for central banks to cut interest rates, while [...]
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