China's April Factory Prices Lower Than Expected

The transcript discusses China's PPI and CPI numbers, highlighting a drop in PPI from March and a slight increase in CPI for April. It examines the impact of weakening commodity prices on the economy and corporate profitability. The transcript also covers the PBOC's inflation target and the expected economic outlook, noting that current numbers are unlikely to prompt changes in policy.

What was the consumer price inflation rate for April, and how does it compare to the previous month?

What is the inflation target set by the PBOC, and what do most economists expect regarding the benchmark rate?