Chinese inflation slows to 4.2% in November from 5.5% previously and against expectations of...

|By:, SA News Editor
Chinese inflation slows to 4.2% in November from 5.5% previously and against expectations of 4.4%. The soft number will do nothing to stand in the way of Beijing continuing to loosen monetary policy. Hong Kong -1.7% and Shanghai flat following the sharp downturns in the West earlier today.