China PPI Declines 42nd Consecutive Month; Banks Struggle to Contain Devaluation Fallout; More Capital Controls
September 10, 2015Spread the love
Reuters reports China Deflation Fears Grow as Producer Prices Sink Most in Six Years . China’s manufacturers slashed prices at the fastest rate in six years in August as commodity prices fell and demand cooled, signaling stubborn deflation risks in the economy and adding to expectations for further stimulus measures
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China PPI Declines 42nd Consecutive Month; Banks Struggle to Contain Devaluation Fallout; More Capital Controls