
China vows to treat market entities equally, build open market system
11/10/21 • 13 min
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China's PPI surges to record high at 13.5%, CPI up 1.5% in October
China's factory-gate inflation hit a 26-year high in October, while consumer prices rose slightly amid public concerns over food shortages. Data from the National Bureau of Statistics shows that CPI rose by 1.5% year on year in October. While the country's PPI rose by 13.5% in the same month, hitting the highest level since July 1995. So what does this mean for the economy?
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Beijing Stock Exchange starts trading
The Beijing Stock Exchange has officially opened for trading. It sets to be a major platform for innovative small and medium-sized enterprises.
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