Reported about 21 hours ago
In January, China's consumer inflation reached a five-month high at 0.5%, driven by seasonal spending during the Lunar New Year, while producer prices fell 2.3%, marking 28 months of deflation. Despite mixed consumer spending and ongoing concerns about wage stability, analysts warn that China's economic growth may remain under pressure due to new U.S. tariffs and sluggish domestic demand. The government is expected to maintain a growth forecast of around 5% for the year, but significant challenges persist.
Source: YAHOO