China’s more than four-year long battle with industrial deflation finally came to an end last month—a relief for policy makers as Beijing struggles with issues such as soft foreign trade, mounting debt and an overheating property market.
Curbing rapidly rising prices used to be a top priority of China’s policy makers, but things have changed. In fact, last month, the country likely experienced its slowest increase in prices since the global financial crisis.
China's inflation climbed just a touch to 1.5% year-on-year in December, from 1.4% the month before. While consumers will be pleased with the modest figures, economists are worried. Without rising prices, businesses have little ince...
Economists give their take on the latest price data and offer their views on the needed policy response.
As China's leaders and policymakers gather for the annual parliament meetings, they are facing some harsh economic challenges: sluggish industrial growth, weak foreign trade and four full years’ of industrial deflation.