Weak China Inflation Leaves Yuan Weak

A further slowdown in China’s inflation is increasingly raising concerns about the Celestial Empire’s economic growth, which could be bad for the rest of the world. June data showed that CPI fell from 0.2% y/y to 0.2% y/y and PPI from 4.6% y/y to 5.4% y/y. The data were weaker than expected at 0.2% y/y […]

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