The increasing concern of China’s middle class over rising prices is no longer reflected in the central bank’s economic data. Photo: Bloomberg
Does China data reflect true price pressures on its middle class?
At a time when the Chinese economy is under pressure on multiple fronts, such as swine flu and the trade war, experts are asking: Why does China’s inflation look so stable?
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China economy
The increasing concern of China’s middle class over rising prices is no longer reflected in the central bank’s economic data. Photo: Bloomberg