π¨π³ China's reflation looks like a supply trick, not a demand fix
The day in view
π¨π³ China's reflation looks like a supply trick, not a demand fix
China's CPI cooled to 0.5% year-on-year in July, missing the 0.8% forecast. Producer prices fell 3.5%, a second straight monthly decline that raises doubts about whether Beijing's supply-side price push is fading.