Consumer prices declined for the second time in four months, while prices charged by factories and other large producers have now been tumbling for over a year.
Tag: National Bureau of Statistics (China)
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China’s Economy Grew More Than Expected Over the Summer
The government invested heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
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What Retail Sales and Other Data Say About China’s Economy
Consumers are spending a little more, but apartment prices and the pace of construction keep falling.
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China Suspends Youth Unemployment Report
The Chinese government said it would no longer release monthly data about unemployment in young people, which had risen each month this year and reached 21.3 percent.
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Deflation Becomes a Threat to China’s Economy
A deepening slowdown in the world’s second-biggest economy has now raised fears of deflation, which could be crippling for heavily indebted China.