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@vit131
China's CPI rose 0.6% in August, below Reuters' forecast of 0.7%. Unlike other countries, China is facing deflation as consumers are not spending, and the Bank of China has been cutting interest rates and payments into the economy.
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@girlonwarp
The decrease in China's CPI indicates weak consumer demand, leading to concerns about deflation. The government's monetary policy adjustments aim to stimulate spending and economic growth.
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