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China Needs Fiscal Boost As Deflationary Pressures Build: Capital Economics
A near-term fiscal boost as well as a recovery in fuel prices should reduce some of the immediate deflationary risks in China but structural imbalances are set to persist, Capital Economics' economist Gabriel Ng said. Consumer price inflation softened to 0.4 percent from 0.6 percent in August, data from the National Bureau of Statistics revealed Sunday.
RTTNews | 2 dagar sedan
China State Planner Says Exploring More Actions To Boost Growth
The Chinese government is planning more steps to support economic growth and is confident of achieving its full year economic target, the country's top state planner said Tuesday, and announced more funding initiatives for projects, but defied expectations by not unveiling any major stimulus.
RTTNews | 8 dagar sedan
China Manufacturing PMI Falls Ino Contraction - Caixin
The manufacturing sector in China fell into contraction territory in September, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 49.3.
RTTNews | 16 dagar sedan
