Caixin China Biz Roundup: The Economic Impact of African Swine Fever
Tune in for the essential economic and business news straight from Caixin’s Beijing studio
China’s consumer inflation soars to a near six-year high on the back of pigs.
The impact of African swine fever hits China as consumer inflation hit its highest level in nearly six years as its consumer price index (CPI) edged up 0.2 percentage points to a 3% year-on-year rise. At the same time the producer price index (PPI), which tracks the prices of goods circulated among manufacturers and mining companies, fell 1.2%.
An almost 70% rise in the price of pig meat contributes 1.65 percentage points to CPI growth
China’s Canton Fair Expects Gloomy Attendance as a slowing global economy weighs heavily on flagship import-export event
Huawei tries to allay India’s security concerns about 5G as it offers to sign ‘No Backdoor’ deal ahead of network auction
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