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China's soft inflation, grim global outlook point to more stimulus

June consumer inflation under official 2016 target of 3%, indicating persistently weak domestic demand

A fruit vendor gesturing to customers next to signs showing prices of fruits at a market in Beijing. China's food prices rose 4.6 per cent in June, compared with a 5.9 per cent gain in the previous month.


SOFT Chinese inflation and G-20 concerns that the global recovery remains grim are hardening views among some economists that more government stimulus will be needed to support China, the world's second-biggest economy.

Consumer inflation last month remained under the...

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