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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

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

Beijing

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...

sentifi.com

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