China stats bureau sees no deflation risks, plays down property woes

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China stats bureau sees no deflation risks, plays down property woes
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BEIJING : There is no deflation in China and there will be no deflation in the future, a spokesman of China's statistics bureau said on Tuesday.China's economic recovery faces challenges, National Bureau of Statistics spokesperson Fu Linghui told a press conference in Beijing.Still, the bureau expe

BEIJING : There is no deflation in China and there will be no deflation in the future, a spokesman of China's statistics bureau said on Tuesday.

China's economic recovery faces challenges, National Bureau of Statistics spokesperson Fu Linghui told a press conference in Beijing.China's consumer sector tipped into deflation and factory-gate prices extended declines in July, official data showed. Fu also said that risks for property developers could be gradually resolved due to policy optimisation.

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