Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters
Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters

PBOC’s Hu says falling inflation biggest risk to China’s economy

Senior central bank official says fear of falling prices behind the recent cut in interest rates, playing down concerns about slowing growth

Topic |   China economy
Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters
Deflationary pressures have made borrowing more costly on the mainland and are largely linked to the cooling property sector. Photo: Reuters
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