China’s producer prices fell at their fastest pace in over seven years in June, leading to fears among economists and investors that the world’s second-largest economy is on the verge of slipping into deflation. Chief Strategist at Macrolens, Brian McCarthy, joins Don Ma to discuss China’s economy. …
Don’t Overestimate China’s Inflationary Impact
Commentary The so-called restart of the Chinese economy has largely just echoed the market. But some suggest this will give a new push to global inflation when strong demand from China drives the resource markets. However, maybe we should revisit the basics: Where does that strong demand for Chinese production come from? Isn’t China the…
China Inflation Hits 29-Month High
BEIJING -China’s consumer inflation rose to a 29-month high in September, driven mainly by pork prices. China’s central bank has been trying to bolster growth while avoiding aggressive loosening that could fan price pressures and risk outflows, as the Federal Reserve and other central banks raise interest rates to fight soaring inflation. Consumer prices rose…
On China’s Disinflation
Disinflation in China is one of the eye-catching macroeconomic phenomena against the backdrop of global high inflation. Look at the other BRICS countries: India’s latest inflation stands at 7 percent, South Africa at 8 percent, Brazil at 9 percent, and Russia at 14 percent. China? Below 3 percent. The real estate and debt deleveraging must…
On China’s Persistent Low Inflation
Commentary When the western advanced economies are losing control of inflation, China is praising herself as a global stabiliser with inflation staying as low as near two percent. True, China is one of the very few countries that can achieve the usual two percent inflation target at the moment. Nevertheless, we should question why this…
China’s Producer Price Index Hits 13-Year High
China’s Producer Price Index (PPI) year-on-year increase in May hit its highest in nearly 13 years, according to data released by the Chinese Communist Party (CCP). Officials blamed monetary easing policies in Europe and the United States in response to the global CCP virus pandemic, which broke out in Wuhan, China, in late 2019. PPI…
Paper Prices Continue to Rise in China Due to Higher Cost of Raw Materials
Paper prices have taken a sharp rise in China recently, with some companies upping prices five times in a month. The soaring price has become a most searched topic on China’s Internet. Major printing paper companies and traders issued a number of notices of price adjustments in May after the price of printing paper increased…
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