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Country Focus

Deflationary Forces Remain In China

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Chinese December CPI and PPI releases show deflationary pressures are not abating. CPI slowed to a 0.1% y/y pace from 0.2% in November, while producer prices fell 2.3%. The Chinese economy has not meaningfully changed course since Beijing unveiled…

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