China deflation accelerates on 'critical' post-pandemic recovery

By Agence France-Presse

Dec 10, 2023 12:16 am

BEIJING: Deflation in China accelerated in November, official data showed on Saturday, underlining the difficulties the world's second-largest economy faces in reviving slowing demand.

The figures came after President Xi Jinping said Friday that the Asian giant's post-pandemic recovery was 'still at a critical stage' and warned of 'increasing adverse factors in the international political and economic environment.'

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