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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
Originally posted here: China’s Central Bank Says Stock Market Correction "Mostly Over"
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In China, a massive witch hunt is underway. Beijing regulators now seek individuals who have destabilized the markets and spread rumors. Official want someone to blame after their Large-Scale Share Purchases failed to halt a huge stock market slide.
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