China Inflation Slows to 5-Year Low

The video discusses China's economic situation, focusing on deflation at the factory gate and its impact on wholesale prices (PPI) and consumer prices (CPI). It highlights the slowest retail price rise in five years and the potential for monetary easing. The discussion includes the effects of falling oil and metal prices on China's factories and export prices, raising concerns about deflation. Chinese leaders are meeting to set economic policies, with a focus on managing slower growth and setting new GDP targets, possibly as low as 7%. The concept of a 'new normal' in economic growth is also explored.

What challenges do Chinese leaders face regarding inflation and deflation?

What growth target have Chinese officials set for the economy, and how realistic is it?