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Chinese inflation rises to 2% Y/Y in November from a 33-month low of 1.7% in October, although...

Chinese inflation rises to 2% Y/Y in November from a 33-month low of 1.7% in October, although it comes in lower than consensus of 2.1%. PPI -2.2% vs -2.8% and -2%. Analyst Jiang Chao doesn't expect to see a "big rebound" in consumer inflation until Q1, so "the central bank may stick to its current policy stance and we see little chance of further (policy) loosening towards the year end."
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