China's snaps 4-month consumer decline but factory price deflation deepens
Government
BEIJING: Consumer prices in China rose slightly in June, official data showed on Wednesday (Jul 9), snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington. Chinese officials have been trying to revive sluggish domestic spending since the end of the COVID-19 pandemic, with the government's official growth target at risk. That comes just as leaders face heightened turmoil sparked by US President Donald Trump's trade war. The consumer price
astăzi