China’s factory gate prices declinced for the first time in three years in July, adding to concerns the world’s second largest economy weakens further and putting pressure on Beijing to roll out more stimulus amid an intensifying trade war with the United States.
China’s producer price index (PPI) fell 0.3 per cent in July from a year earlier, according to data released by National Bureau of Statistics (NBS) on Friday. It was the first contraction on . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In