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Chinese Inflation is Up Next
With the large amount of stimulus that the Chinese government has been putting into the economy, we ought to expect some impact on the inflation rate. So analysts are going to be keen to see what happens with the upcoming data. Also, as the yuan weakens from concerns over the trade negotiations, it makes imported products more expensive. Therefore, a negative CPI would be a poor sign of Chinese growth. It would also signal the need for more measures to prop up the economy from the central government. This would put even more downward pressure on the currency. That being said, it would help others that are dependant ... (full story)