Chinese inflation

Falling prices spur expectations of China rate cut

With inflation hitting a 30-month low, China needs more decisive monetary easing and may cut interest rates further in the coming weeks, if not days, says HSBC.

<div style="text-align: left;"> Falling prices in China spur calls for further stimulus (AFP) </div>

Lillian Liu

August 13, 2012

China’s national ego is swelling once again as patriotic citizens proudly count the gold medals won at the London Olympics. But the national economic data released last week tells a different story.

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