From Bloomberg: China’s consumer prices fell for a fourth month, making it easier for the government to keep interest rates low and boost spending to revive the world’s third-largest economy. Prices dropped 1.4 percent in May...
by Japhet Weeks | Feb 23, 2009
The AP reports, via Forbes, on the state of the Chinese economy: China is facing deflationary risks due to overcapacity in many industries amid a sharp downturn in demand, the central bank said in a report issued late Monday....
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