Its good time for China as this time both the output as well as the retail sales managed to exceed the level which was set as per forecast. On the other hand there is a sudden reduction in the inflation on a much unexpected basis and reached the slowest pace ever in last 33 months. […]
Reacting to correctionary measures, China’s rate of inflation is going down straight for the past three months. Few months ago, inflation rate in China was becoming a major concern for the economy.