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China CPI Misses; PPI Inflation Is Lowest In Two Years

From zerohedge.com

One day after China reported the worst trade data in over half a year, with the trade war with Washington finally hitting exports hard, which rose only 5% in November or half the Wall Street forecast of 9.9%... ... while import growth tumbled to just 3%, far below the 14% Wall Street estimate even as Chinese imports from the US plunged 25% in November from a year earlier, the single biggest monthly decline since January 2017 when China's economy and capital markets were reeling in the aftermath of the Yuan devaluation and Shanghai Composite bubble bursting... ... on Sunday the bad news continued, when Beijing ... (full story)

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  • Category: Fundamental Analysis