China's deflation anticipated room for further monetary easing

Source: Bloomberg
Economists expect China to adopt monetary easing policy in order to recover and gain its credibility once again, as the deflation deepened and the CPI's pace of growth reached the slowest level since 2009 – 1.4% in November against the increase of 1.6% in October. Moreover, the producer price index fell to 2.7% in November from the previous year.

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