A State economist, warns China's CPI could print negative in H2, a bold prediction given the...

|By:, SA News Editor

A State economist, warns China's CPI could print negative in H2, a bold prediction given the latest read of 4.1%. A bit of a head-scratcher, the same economist also sees a coming decline in the yuan's value, an event usually associated with greater inflation. Center to both forecasts: his belief Beijing needs to reverse last year's monetary tightening.