Consumer prices fell in China in February and remain flat in sluggish economy

China's consumer price index fell by 0.7% in February compared to the previous year, indicating weak demand and the impact of the early Lunar New Year holiday. The government aims to increase domestic demand and consumer spending but faces challenges including deflationary risks, real estate market instability, and employment issues.

Consumer prices fell in China in February and remain flat in sluggish economy
China's consumer price index fell by 0.7% in February compared to the previous year, indicating weak demand and the impact of the early Lunar New Year holiday. The government aims to increase domestic demand and consumer spending but faces challenges including deflationary risks, real estate market instability, and employment issues.