Posted by qqq47660 > 2023-11-09 11:46 | Report Abuse

The government ability to control inflation is a good thing not a bad thin...the new economy g. Furthermore, China is a very competitive place. Artificial inflation will disappear due to competition and adequate productive capacity. There is also a reorganisation going on into the new economy from old economy . The new economy of higher tech , green, EV, AI, high productivity, knowledge economy is growing very fast

Posted by qqq47660 > 2023-11-09 11:48 | Report Abuse

It's a plan re organisation and producing results

Posted by qqq47660 > 2023-11-09 11:56 | Report Abuse

China has adequate productive capacity in old economy as well as bright future and adequate investment in new economy. That is extremely rare. .japan didn't have that when it's old economy got into trouble

Posted by IDQWE001 > 2023-11-09 12:48 | Report Abuse

Consumer price index (CPI) inflation shrank at an annualized 0.2% in October, data from the National Bureau of Statistics showed. The reading was in line with expectations, and worsened from the 0% reading seen in September.

Posted by foongsh > 2023-11-09 12:50 | Report Abuse

Local Chinese trapped into negative assets with bad debts and jobless no money spending.

Posted by IDQWE001 > 2023-11-09 12:52 | Report Abuse

Month-on-month, CPI inflation shrank 0.1%, reversing the 0.2% rise seen in September.

October’s data shows that continued stimulus measures from Beijing and some pent-up demand did little to improve overall spending. CPI inflation contracted despite the Golden Week holiday in the first week of October, which usually sees a jump in discretionary spending.

Posted by foongsh > 2023-11-09 12:55 | Report Abuse

CCP has very little knowledge to handdle disinflation issue, Golden Week holiday market also no spending. Unlike other countries 1 year after pandemic MCO everyone spending just like no tomorrow.

Posted by qqq47660 > 2023-11-09 13:11 | Report Abuse

u think China government full of id.iots like idq foong meh?

Posted by IDQWE001 > 2023-11-09 13:14 | Report Abuse

Weakness in the yuan also limited overall spending, while consumers also remained on edge over any more economic headwinds in the country, especially as business activity remained weak.

Producer price index (PPI) inflation shrank 2.6% in October, slightly better than expectations for a drop of 2.8%, but contracted from the prior month’s reading of 2.5%. PPI has now shrunk for a 13th consecutive month.

Posted by foongsh > 2023-11-09 13:16 | Report Abuse

Spending even lesser after 1 year open up, i.diot evil Xi must well continue lock down. Lol.

Posted by foongsh > 2023-11-09 13:18 | Report Abuse

Open up PPI still shrank, must well i.diot evil Xi continue lock down the factories. Lol.

Posted by qqq47660 > 2023-11-09 13:26 | Report Abuse

Inflation is a disease caused by QE or printing of money and monopolies or lack of competition and lack of productive capacity and supply chain bottle necks..... China have solved all those problems

Posted by qqq47660 > 2023-11-09 13:27 | Report Abuse

China is a very competitive place only the cheapest and most efficient will survive

Posted by IDQWE001 > 2023-11-09 13:28 | Report Abuse

Chinese manufacturing activity unexpectedly contracted in October, recent data showed, as mild improvements in local demand were largely offset by worsening economic conditions in China’s biggest export destinations.

This trend was also evident in trade figures released by the country this week, which showed exports sinking more than expected, while imports unexpectedly grew.

Posted by foongsh > 2023-11-09 13:30 | Report Abuse

I.diot evil Xi pushing all the countries against CCP causing de-risking global supply chain restructuring.

Posted by foongsh > 2023-11-09 13:31 | Report Abuse

More and more factories close down, CCP no choice has to import more goods from oversea causing trading surplus reduced.

Posted by qqq47660 > 2023-11-09 13:49 | Report Abuse

When u have enough productive capacity there will be no inflation

Posted by qqq47660 > 2023-11-09 13:52 | Report Abuse

The miracle that is China. In just 3 years China has enough investment capital and built enough capacity to built enough EV for the whole world

Posted by qqq47660 > 2023-11-09 13:56 | Report Abuse

The miracle that is China. China has 40000 km high speed rail, 70% of world bridges and tunnels while still a developing country with Gdp per capita one quarter of USA.

Posted by qqq47660 > 2023-11-09 13:57 | Report Abuse

And hundred of thousands of km of normal speed rails and roads.....and build 60% of clean energy capacity of the world

Posted by qqq47660 > 2023-11-09 13:59 | Report Abuse

The miracle that is China. It's mind boggling

Posted by qqq47660 > 2023-11-09 14:13 | Report Abuse

Xi jinping says China is ocean. Oceans got calm and storms and after the storm ocean is still ocean

Posted by qqq47660 > 2023-11-09 15:23 | Report Abuse

If any G7 got China economy they will celebrate. But because it is China they write nonsense

Posted by IDQWE001 > 2023-11-09 21:48 | Report Abuse

This trend was also evident in trade figures released by the country this week, which showed exports sinking more than expected, while imports unexpectedly grew.

Thursday’s weak inflation readings indicate that Beijing will likely have to do more to shore up local economic activity, especially as the country’s key manufacturing sector faces an extended downturn. October was also the second time that both CPI and PPI inflation shrank this year.

Posted by foongsh > 2023-11-09 21:49 | Report Abuse

All the data showed that high debts reducing the spending power.

Posted by foongsh > 2023-11-09 21:51 | Report Abuse

Even CCP building many white elephants without proper drainage systems and retention ponds, the GDP per capita still very little compare to the top 20 countries.

Posted by foongsh > 2023-11-09 21:52 | Report Abuse

Those 20 countries at least able to speak freely and choose their own leaders.

Posted by foongsh > 2023-11-09 21:53 | Report Abuse

Communism is the failure system providing power crazy dictator hegemony without creating results compare to top 20 countries.

Posted by foongsh > 2023-11-09 21:55 | Report Abuse

Beijing under evil Xi administration not able to solve real estate bubble and disinflation issues.

Posted by IDQWE001 > 2023-11-09 21:57 | Report Abuse

Chinese consumer sentiment has worsened substantially this year, keeping retail spending and CPI inflation under pressure.

China was the sole major economy working to shore up inflation this year, as most of its global peers struggled to contain a post-COVID inflationary boom.

Posted by foongsh > 2023-11-09 22:02 | Report Abuse

Other countries spending power very high need to hike interest to cool down business activities. CCP keep on reducing interest rate but fail to boost up business activities. CCP under evil Xi administration following Mao strategy leading countries to wrong direction. CCP killing CCP as such many ministers got sack and kena ISA. Communism is a power crazy dictatator hegemony political system that created by Westerns. It is nothing to do with ancient Chinese.

Posted by IDQWE001 > 2023-11-09 23:05 | Report Abuse

But Beijing has limited headroom to loosen monetary policy further, given that interest rates are already at record lows. Any further loosening in policy will also dent the yuan, which is trading close to one-year lows.

Still, the government plans to shore up growth with a massive 1 trillion yuan ($136 billion) bond issuance in the fourth quarter.

Posted by foongsh > 2023-11-09 23:09 | Report Abuse

Printing money or denting value of RMB ? This is the question : to be or not to be.

No matter what just printed 1 trillion yuan paying public servant salary first. That's why CCP members are more superior than normal citizens.

Posted by foongsh > 2023-11-09 23:12 | Report Abuse

Negative assets with bad debts and jobless got nothing to do with CCP. Power crazy dictator just ignore how local chinese suffering without election process. Who is the i.diot keep on telling you communism is better than democratic country ?

Posted by qqq47660 > 2023-11-09 23:17 | Report Abuse

China is doing very well and will do even better in future.

Posted by IDQWE001 > 2023-11-09 23:23 | Report Abuse

China hasn’t been this scary for investors in 25 years
By Laura He, CNN
Updated 5:30 AM EST, Mon November 6, 2023

Hong Kong
CNN
—
The world’s second largest economy is struggling to attract foreign companies and investments, despite Beijing’s efforts to address its myriad economic challenges, according to new data from China.

A gauge of foreign direct investment (FDI) into China has slipped into the red for the first time since 1998, underscoring the country’s failure to stem capital outflows.

Direct investment liabilities, a measure of FDI, stood at minus $11.8 billion in the third quarter, according to data published by the State Administration of Foreign Exchange (SAFE) on Friday. In the third quarter of 2022, China’s direct investment liabilities was at $14.1 billion.

Posted by qqq47660 > 2023-11-09 23:24 | Report Abuse

https://www.youtube.com/watch?v=NQluTkDpQaM

Posted by qqq47660 > 2023-11-09 23:25 | Report Abuse

CNN and every major mainstream are irresponsible and unreliable.

Posted by foongsh > 2023-11-09 23:26 | Report Abuse

Silly CCP Xi is pushing away all foreign funds by creating shadow enemies everywhere by wolf warriors.

Posted by IDQWE001 > 2023-11-09 23:27 | Report Abuse

China’s main measure of FDI, which is released by the Commerce Ministry, showed a decline of 8.4% in the first nine months of this year, accelerating from a 5.1% drop in the first eight months.

Posted by IDQWE001 > 2023-11-09 23:27 | Report Abuse

This is the first time the gauge has turned negative in 25 years, when records began, according to data compiled by Refinitiv Eikon. It suggests foreign companies may be taking their money out of the country, instead of re-investing in their operations.

The SAFE data is organized according to whether an investment is an asset or a liability for China. Direct investment liabilities include profits belonging to foreign companies that have not yet been repatriated or distributed to shareholders, as well as foreign investment in financial institutions, according to the government.

Posted by foongsh > 2023-11-09 23:31 | Report Abuse

Data announced by CCP Commerce Minister ? be careful this guy may kena ISA just like earlier 2 ex-ministers. Power crazy dictator hegemony could take any further action as and when he likes. There is no Laws at all. Any action just depends on power dictator any time. Very pity.

Posted by foongsh > 2023-11-09 23:40 | Report Abuse

It is smart to withdraw profits from unpredictable power crazy dictator commnunism country, you will never know would he do the same mistake lauching the war just like his brother evil Putin.