China's factory gate prices fell at fastest pace in 7 years in May: Report
China factory gate prices reduced at the fastest pace in seven years in May 2023 and quicker than forecasts as demand weighed on a slowing production sector a
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China factory gate prices reduced at the fastest pace in seven years in May 2023 and quicker than forecasts as demand weighed on a slowing production sector a
Factory gate prices fell at the fastest pace in seven years.
As rising interests rates and inflation squeeze demand in the United States and Europe, China is in contrast battling a sharp decline in prices with factories receiving less for their products from key overseas markets.
Ashley Ahn is an intern at Foreign Policy.
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