China’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
Asia-Pacific markets were mixed on Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region.China's Minister of Finance Lan Fo'an
China is set to release its trade data for September on Monday, with exports expected to rise 6%, a slower growth than 8.7% in August, while imports are estimated to grow 0.9%, compared to 0.5% in August.China watchers also look ahead to the week with a busy set of economic data, including China's third-quarter GDP, September industrial output growth, retail sales and unemployment rate.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
The press conference"signaled that China is getting serious about tackling deflation" and that is"precisely the message the market has been waiting for," Xie said in a research note on Monday. Chinese policymakers have"made a turn on cyclical policy management and increased their focus on the economy," it said in a research note on Oct. 13.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets across Asia rebound; Chinese markets extend gains after Beijing affirms policy supportChinese stocks extended gains after state media announced that China's top leaders had affirmed the government's latest efforts to support the economy.
Read more »
Principal Investigator Positions at the Chinese Institutes for Medical Research, Beijing - Beijing, China job with The Chinese Institutes for Medical Research (CIMR), BeijingThe Chinese Institutes for Medical Research (CIMR) is a newly founded institution dedicated to fundamental and translational medical research.
Read more »
Asia-Pacific markets trade mixed as investors weigh China stimulus, oil gainsAsia-Pacific markets traded mixed on Friday following losses on Wall Street as concerns over Middle East tensions kept investors on edge.
Read more »
Asia stocks mixed amid choppy China markets after Bejing hints at more stimulus in weekend meetingChina’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
Read more »
Asia-Pacific markets set to open mixed after China's downbeat economic dataMost Asian markets are set to open lower Monday as investors digest the downbeat economic data from China that cast a gloomier prospect of its economy.
Read more »
China's economy softens in August as Beijing continues to grapple with lagging demandChina’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics Saturday showed weakening activity across industrial production, retail sales and real estate in August compared to July.
Read more »