China’s factory gate prices exit deflation after Iran war shock
Producer price index for the world’s dominant manufacturer turns positive year-on-year for the first time since 2022
Producer price index for the world’s dominant manufacturer turns positive year-on-year for the first time since 2022

Rising prices risk deepening the country’s deflationary trap rather than providing any escape from it

Beijing warns of geopolitical risks even as key indicators show growth

Ample oil reserves and renewables growth make manufacturing sector more resilient than rivals

Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy

Beijing’s industrial prowess positions it for economic and diplomatic gains

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers