Keywords: Deflation
China’s industrial sector saw a sharp drop in profits in November, reflecting persistent deflationary pressures and weakening domestic demand that continue to challenge the country’s post-pandemic recovery. Official data showed that profits for major industrial firms fell 13.1% year-on-year......
China’s consumer prices fell again in September, dropping more sharply than expected amid weak household spending and persistent deflationary pressures, according to official data released on Wednesday. The world’s second-largest economy continues to face challenges from sluggish exports......
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