What would stagflation with Chinese characteristics look like? While the traditional meaning of the word is negative or sluggish growth coupled with rising inflation, China could be experiencing its own version, based on recent data.
Weekend figures for trade and CPI showed that, yes, China is slowing while inflation is picking up.
Inflation in June hit 6.4 per cent, above market consensus, while import figures pointed to softening domestic demand.
Showing posts with label China’s economic. Show all posts
Showing posts with label China’s economic. Show all posts
Monday, July 11, 2011
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