China’s Inflation Holds Steady While Pressure Builds for Stimulus Boost
Beijing, China – Inflation in China remains stable, putting pressure on policymakers to implement more stimulus measures to boost demand in the economy. The steady inflation rate is a sign of the challenges facing the country as it navigates through economic uncertainties. Recent data shows that consumer prices in China rose in May, while factory deflation continues to persist. This rise in consumer prices comes as a result of various factors, including increased demand for …