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Tag: inflation

Xi, Scholz call for mutual progress

wangxiao04/20/20240

President Xi Jinping meets with German Chancellor Olaf Scholz on Tuesday at the Diaoyutai State Guesthouse in Beijing. XIE HUANCHI/XINHUA
Mutually beneficial cooperation between China and Germany crea

U.S. stocks close mixed after Powell\’s speech

wangxiao04/05/20240

NEW YORK, April 3 (Xinhua) — U.S. stocks ended mixed on Wednesday, as the market struggled to shake the rough start to the second quarter.
The Dow Jones Industrial Average fell by 43.10 points, or 0.

Bank of Japan ends negative interest rates in historic policy overhaul

wangxiao03/19/20240

TOKYO, March 19 (Xinhua) — The Bank of Japan (BOJ) on Tuesday decided to end its negative interest rate policy in its first rate hike in 17 years, marking a major shift away from the long-running mon

Cabinet vows to deliver on policy pledges

wangxiao03/13/20240

China will flesh out each and every measure laid out in the Government Work Report, and enhance coordination among related departments to maximize collective efforts toward meeting the same goal, the

China\’s consumer prices return to positive territory

wangxiao03/11/20240

China\’s consumer prices returned to positive territory for the first time in six months in February while factory-gate prices have declined at a faster pace, data showed on Saturday.
The country\’s con

Powell reiterates U.S. Fed not ready to start cutting interest rates

wangxiao03/07/20240

WASHINGTON, March 6 (Xinhua) — U.S. Federal Reserve Chair Jerome Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a littl

Sri Lanka\’s economy shows signs of recovery: president

wangxiao03/06/20240

COLOMBO, March 6 (Xinhua) — Sri Lanka\’s economy, which experienced consecutive contractions for six quarters from 2022 to the second quarter of 2023, began to show signs of recovery from the third qu

Hong Kong unveils new budget to boost confidence, consolidate growth

wangxiao02/28/20240

HONG KONG, Feb. 28 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) government on Wednesday unveiled a budget for the new financial year, with targeted measures to boost market confiden

China\’s CPI up 0.3 pct month on month in January

wangxiao02/09/20240

In this drone photo, people visit a local fair for the upcoming Chinese New Year in Lanzhou, northwest China\’s Gansu Province, Feb. 5, 2024. (Xinhua/Ma Xiping)
BEIJING, Feb. 8 (Xinhua) — China\’s cons

China\’s CPI up 0.3 pct month on month in January

wangxiao02/08/20240

BEIJING, Feb. 8 (Xinhua) — China\’s consumer price index (CPI), a main gauge of inflation, edged up 0.3 percent month on month in January 2024, official data showed Thursday.
The CPI in January went d

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