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Business · ChinaBEIJING (Reuters) -China’s hardened rhetoric against price wars among producers is raising expectations Beijing may be about to kick off industrial capacity cuts in a long-awaited, but challenging, campaign against deflation that carries risks to economic growth. Communist Party leaders pledged this month to step up regulation of aggressive price-cutting, with state media running its harshest warnings yet against what it describes as a form of i…See the Story
Analysis-Industrial Pruning Won’t Pull China Out of Deflation as Quickly as Last Time
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