Background: The consumer price index (CPI), a main gauge to measure China's inflation, rose 3.3 percent year on year in July, the National Bureau of Statistics announced here Wednesday. Full story >>
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For more insight into China's economic performance in July, we are joined by Professor Tao Wenzhao from the Tsinghua Center for China-US Relations.
Q1: The CPI stood at a healthy 2.6 percent for the first six months, with June's figure down 0.2 percent from a month earlier. So why has the index risen above 3 percent in July, which is the highest this year?
Q2: Another focus is the producer price index, or PPI, which has seen a downward trend over the past few months. What do you think to July's figure?