date:Mar 10, 2014
lation could be good news for markets as monetary tightening is definitely not justified.
In addition, the PPI, dragged down by the dampening domestic demand amid economic slowing, is also likely to improve in the next few months.
Lin predicted the contracting PPI to be relieved as new orders from the United States and European market would stimulate the sluggish production.
China's PPI has been in deflationary territory for 24 consecutive months, the longest drop since the 1990s, according t