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The authors are Goldman Sachs Gao Hua global economics research analysts Yu Song amd Li Cui China’s December consumer price index (CPI) inflation data was below market expectations. December CPI went up 2.5% year-on-year, compared with Bloomberg consensus of 2.7% and our estimate of 2.4%. Producer price index (PPI) declined 1.4% in December, in line […]

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