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BytheendofAugust1999,theRetailPriceIndex(RPI)inChinahascontinuouslydeclinedfor23monthsandtheConsumerPriceindex(CPI)declinedfor18months.Itisobviousthatthepressureofdeflationisgettingmoreserious.In1998,theRPIdecreased2.6percentandtheCPIfor0.8percent.In...
Bytheendofugust1999, theRetailPriceIndex (RPI) in China has been promoted for23monthsandtheConsumerPriceindex (CPI) declinedfor18months.Itisobviousthatthepressureofdeflationisgettingmoreserious.In1998, theRPIdecreased2.6percentandtheCPIfor0.8percent.In ...