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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

Published Sun, Jul 10, 2016 · 09:50 PM
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Beijing

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 official target of around 3 per cent for this year, data released on Sunday showed, indicating persistently weak domestic demand.

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