There are already some signs of stubborn deflationary pressure in - TopicsExpress



          

There are already some signs of stubborn deflationary pressure in China. Producer prices have fallen for almost three straight years. That helped to drag Chinas annual consumer inflation to a near five-year low of 1.5 percent in December. To contain deflationary risks, economists at state think-tanks who are privy to Chinas policy discussions said authorities are ready to cut interest rates further and pressure banks to step up lending. The central bank unexpectedly cut rates in November for the first time in more than two years. ibtimes/china-january-factory-growth-stalls-deflation-pressures-build-bad-debt-rises-1792422
Posted on: Sat, 24 Jan 2015 04:45:57 +0000

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