China's consumer inflation picked up
slightly in November but remained well under the government's 2015 price target
of 3 percent, raising concerns that the world's No. 2 economy could be sucked
into a Japan-style deflationary trap.
With the economy sputtering after years of double-digit growth, analysts
predict Chinese consumer prices are unlikely to pick up significantly in the
near future due to crumbling commodity and energy prices, overcapacity and weak
demand.
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