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China facing ‘quasi-stagflation’ risk as rising factory prices increase pressure on slowing economy

Summary:
[unable to retrieve full-text content]With the economy facing “periodic, structural, and cyclical constraints” amid rising concerns over upcoming growth prospects, China could enter into a period of “quasi-stagflation”, a central bank adviser has warned.Liu Shijin, a member of the monetary policy committee at the People’s Bank of China (PBOC), said that while inflation risks are under control, a persistently high producer price index (PPI) – which reflects the prices factories charge wholesalers for their products – may add…

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[unable to retrieve full-text content]
With the economy facing “periodic, structural, and cyclical constraints” amid rising concerns over upcoming growth prospects, China could enter into a period of “quasi-stagflation”, a central bank adviser has warned.Liu Shijin, a member of the monetary policy committee at the People’s Bank of China (PBOC), said that while inflation risks are under control, a persistently high producer price index (PPI) – which reflects the prices factories charge wholesalers for their products – may add…

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