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Deflation Persists In China; Exports Rise

Consumer prices in China fell for the third straight month in December highlighting the risk of deflation, while exports expanded more than expected despite the weak global trade.

The consumer price index, or CPI, dropped 0.3 percent annually after a 0.5 percent decline in November, the National Bureau of Statistics said Friday. This was the third consecutive fall.

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by Renju Jaya

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