There's an Overcapacity Problem in China, Says Das
China’s factory-gate deflation eased for the seventh straight month, signaling improving conditions for the nation’s manufacturers and adding to evidence the world’s second largest economy is stabilizing. While consumer price gains remain below the government’s target for 3 percent increases, giving the central bank room to further ease policy if it needs to, deflationary pressures have moderated since last year. With China the world’s largest exporter, recovering prices could relieve some deflationary pressures globally if sustained. Invesco Asset Management Head of Emerging Markets Macro Arnab Das discusses with Bloomberg's Manus Cranny on "Countdown."
Most Recent Videos
DIW's Fratzscher Says Surprise Is How Much CDU Lost
57:08 - Marcel Fratzscher, president and chief executive officer of DIW Berlin, weighs in on the German election exit poll results. He speaks on "Germany Decides." (Source: Bloomberg)