The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP
The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP
China economy

China’s retail-sector borrowing ‘fell off a cliff’ in late 2020, with many small firms unable to access credit, report says

  • China Beige Book International, a provider of independent economic data, said loan-rejection rates in the retail sector increased to 38 per cent in the year’s fourth quarter
  • Report says China continues ‘to show a less robust recovery than official statistics’ indicate, as it seeks to bounce back from the economic impact of the coronavirus

Topic |   China economy
The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP
The report also highlighted that its indicators showed that goods prices, wages and other input costs have been rising since the second quarter contrasts to the official measures of producer and consumer prices, which both showed deflation in November. Photo: AFP
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