May 11th, 2023

China's Consumer Inflation Weakens to 2-Year Low

China’s consumer inflation slowed to the weakest pace in two years in April while producer prices fell deeper into deflation. Zhang Zhiwei, president and chief economist of Pinpoint Asset Management, discusses what the latest figures say about the health of the world's second-largest economy and central bank policy. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open."