Huang Yiping, an advisor to the People’s Bank of China (PBOC) said on Tuesday that “Chinese Consumer Price Index (CPI) will decline moderately in February.”

Additional quotes

Changes in external environment will increase pressure on expanding domestic demand this year.

Deep adjustment of property market results in demand contraction.

Trump tariff hikes to directly impact US-China trade.

That may see China's exports to US fall sharply.

Related news

  • PBOC conducts one-year Medium-term Lending Facility for CNY300 bn at 2.0%
  • Australian Dollar remains stable, upside seems limited due to heightened risk aversion
  • US President Trump’s team seeks to strengthen chip controls on China

 

Source: Fxstreet