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China's Consumer Prices Decline
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China's consumer prices declined in November, with the consumer price index falling 0.5% year-on-year and month-on-month. The producer price index also fell 3.0% year-on-year, marking the 14th consecutive month of decline. The economic slowdown in China is attributed to various challenges, including mounting local government debt and a struggling housing market.
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How does China's economic slowdown affect global trade and investment, and what potential ripple effects might be seen?
How might the decline in consumer prices impact consumer spending and overall economic growth in China?
What measures could the government take to stimulate the economy and address the challenges faced by consumers and businesses?
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