China’s Prices Steady Amid Global Challenges
China’s consumer prices stayed flat in November, while producer prices fell by 2.5% compared to last year. This trend highlights the pressures the global environment is putting on China’s market demand and inflation.
In an exclusive interview with CGTN’s Global Business, GTC Chief Analyst Ameel Ahmad shared insights on the situation. "The challenging global environment is weighing on China’s market demand and inflation," he said.
Ahmad believes that the Chinese government is likely to introduce more direct stimulus measures to boost domestic momentum. "The external environment is not so strong, so internal measures are key," he added.
As the world’s second-largest economy, China’s actions to stimulate domestic demand could have significant effects both locally and globally. Young entrepreneurs and businesses in the Global South are watching closely, as changes in China’s economy often ripple across emerging markets.
The anticipated stimulus could open up new opportunities for trade and collaboration, offering a hopeful outlook amid uncertain global conditions.
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Analyst sees more direct stimulus to boost China's domestic demand
cgtn.com
