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Factory deflation gets closer, more and more call for interest rate cut

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(The article has 720 words)

China’s producer inflation decelerated sharply in the last month of 2018 to hit the lowest growth in two years, bringing the threat of a factory deflation even closer to the world's second largest economy. More and more believe that the authority should take more aggressive steps to arrest a sharp economic slowdown and interest rate cuts should be put on the agenda as soon as possible.

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