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China inflation slows further in November
China's key inflation gauge slowed further in November, data showed on Wednesday, adding to concerns of cooling activity in the world's second-largest economy. The consumer price index rose 1.4 percent from the year-ago period, below a Reuters forecast for a 1.6 percent increase and slower than October's 1.6 percent rise. Month-on-month, prices fell 0.2 percent, below expectations for a flat reading and compared with a flat reading in October. "This will be a significant reading for today's session. It is likely to have a significant bearing on risk today, and could also determine whether Chinese equities ... (full story)
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