Shanghai Securities News is a state-sponsored media outlet, a national daily newspaper.
Response to the weekend data out of China:
- China June CPI 0.0% m/m vs -0.1% expected
- ICYMI - Chinese June inflation (CPI and PPI) data was released over the weekend
In brief from the piece:
- CPI is rising in a moderate fashion
- CPI remains under control
- won't prevent further easing efforts
