China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
Asia-Pacific markets soared following a tech rally led by Nvidia, with South Korea's stocks gaining sharply after Lee Jae-myung's presidential win. Analysts predict strong economic recovery ahead!
China's manufacturing sector has seen a second consecutive month of contraction as the official PMI indicates ongoing economic struggles. Expectations for new stimulus are rising amid trade tensions with the U.S.
As US and Chinese trade officials meet to discuss de-escalation, the future of the global economy hangs in the balance. With tariffs crippling trade, can a breakthrough be achieved?
China's economy shows signs of recovery with retail sales up 4.0% and industrial production growing 5.9% in early 2023. However, challenges like high unemployment and deflation loom large.
