Chinese data fuels fears of deflation

--:--
A fall in Chinese producer prices has fuelled concerns grow that deflation may be taking hold in the world’s second-largest economy. Industrial producer prices fell 1.8 per cent in August, the most in four months. Steel and agriculture were among the sectors hit. Meanwhile, consumer prices rose 0.6 per cent.In Africa, the Africa CDC and WHO have launched a $600 million plan to combat mpox in 14 countries from September 2024 to February 2025. The initiative focuses on improving surveillance, laboratory detection, case management, infection prevention, and vaccination efforts to strengthen public health responses across the continent.Apple’s iPhone 16 series, made in India, will be globally available shortly after its sales launch, marking a milestone for India’s manufacturing sector and the Make-in-India initiative.
9 Sep 10AM English United Kingdom Business

Other recent episodes

Tik Tok's day in court

Tik Tok takes to the courts to fight the US Government's ultimatum to get rid of its Chinese parent company and more troubles for strike-bound Boeing; the Seattle aviation giant is cutting back on spending and may furlough white-collar staff. Also, in West Bengal, why people celebrating the state's most…
16 Sep 7PM 29 min

What to expect from the Pakistan economy?

Pakistan authorities have been trying to find the best way to achieve the IMF deal, bring down the inflation and safe the country from the default, but could things be about to improve? Also, we find out how China can produce affordable EVs for under $20,000 and why Elon Musk's…
13 Sep 5PM 28 min

China to raise retirement age as population ages and pension woes mount

China is set to gradually raise its retirement age for the first time in decades, as the nation grapples with an ageing population and a shrinking pension fund. Under the new plan, men will retire at 63 instead of 60, while most women will work until 58, up from 55.Plus,…
13 Sep 10AM 29 min

Boeing faces potential strike in Seattle

Although Boeing executives and union representatives reached a deal earlier this week that includes a 25% pay rise over four years, the aviation giant facing the potential strike as it has yet to be approved by union members. We hear from the aviation consultant who is going to attend the…
12 Sep 5PM 30 min

Why are investors pulling back from China?

Chinese stock markets have fallen to a five-year low, with investors concerned about the health of its economy. Elsewhere, the European Central Bank cuts interest rates again. Boeing makes a last ditch appeal to workers ahead of their vote on a new contract which includes a 25% pay rise offer…
12 Sep 10AM 29 min