A shopkeeper hands over eggs to a customer, in Shanghai. Consumer demand in China remains depressed by the nation’s strict Covid control polices and sporadic outbreaks. EPA
A shopkeeper hands over eggs to a customer, in Shanghai. Consumer demand in China remains depressed by the nation’s strict Covid control polices and sporadic outbreaks. EPA

Business

Economy

China’s consumer inflation grows faster than expected to two-year high

Core prices outside food and energy barely budged, which is a sign that its zero-Covid restrictions continue to stifle spending on services

Bloomberg News

July 09, 2022