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China inflation hovers near 5-year low

October figure of 1.6% reinforces expectations that authorities will roll out more steps to support growth

Facing mounting risks to growth and rising risks of deflation, Beijing is expected to continue unveiling stimulus measures in coming months.


CHINA'S annual consumer inflation remained near a five-year low in October at 1.6 per cent, further evidence that the world's second-largest economy is cooling and reinforcing expectations that authorities will roll out more measures to support growth.

Analysts polled by

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