Consumer prices in China fell more than expected last month, sliding the country back into deflation and renewing concerns about the strength of the world’s second largest economy.
The latest figures released by China's General Administration of Customs show a 6.4% decrease in exports in October year-over-year, totaling $275 billion.
China’s exports fell for a sixth consecutive month in October, but imports surprisingly returned to growth last month, data released on Tuesday showed.
Asian markets mostly fell and oil prices rallied Wednesday on fears that the Israel-Hamas conflict could spill over into a regional war after a blast at a Gaza hospital dealt a blow to President Joe Biden’s diplomatic drive. Markets had enjoyed a healthy run Tuesday on optimism that while Israeli Prime Minister Benjamin Netanyahu was […]