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China's Consumer Prices Decline, U.S. Consumer Sentiment Soars
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China's consumer prices continue to decline, with the consumer price index dropping 0.5% year-on-year and month-on-month, while the producer price index fell 3.0% year-on-year, marking the 14th consecutive month of decline. Meanwhile, consumer sentiment in the U.S. surged, reaching a 13% increase from the previous month and a 16% increase from the year-ago level, attributed to expectations of lower inflation.
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How might China's economic slowdown impact global trade and investment?
What are the potential implications of the decline in consumer prices and the surge in consumer sentiment on broader economic trends?
What strategies could the U.S. government employ to address consumer struggles and improve economic outcomes?
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