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Fri, 09 Apr 2021 17:30   Frank Tang

China issues inflation warning as rising commodity, consumer prices threaten economic recovery

Potential risks and disruptions to China’s continued economic recovery have been highlighted in a rare one line statement from leading financial officials, who warned about the potential rise of commodity prices and consumer inflation.Data released on Friday showed that prices that Chinese factories charge wholesalers for their products rose the most in almost three years in March, while consumer inflation also rose for the first time in three months. The monthly release, though, had been pre…

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