China’s statistics bureau rejects deflation concerns at Beijing press conference

There is no deflation in China and there will be no deflation in the future, a spokesman of China’s statistics bureau said on Tuesday.

China’s economic recovery faces challenges, National Bureau of Statistics spokesperson Fu Linghui told a press conference in Beijing.

Still, the bureau expects a decline in producer price index to moderate further, according to Fu.

7 PROMINENT ADVOCATES CHARGED IN HONG KONG’S 2019 PRO-DEMOCRACY PROTESTS GET CONVICTIONS OVERTURNED