China's consumer prices rebound thanks to Lunar New Year spending boom, but deflationary risks still loom scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
The end of COVID zero in China is already having a significant impact on the economy with retail sales and travel data falling in December after an already subdued November.