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China’s PPI down 2.9 pct in October

BEIJING, Nov. 9 (Xinhua) — China’s producer price index (PPI), which measures costs for goods at the factory gate, went down 2.9 percent year on year in October, the National Bureau of Statistics said Saturday. ■

China’s central bank conducts reverse repos Tuesday

BEIJING, Aug. 20 (Xinhua) — China’s central bank conducted 149.1 billion yuan (20.9 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Tuesday. The move aims to keep liquidity reasonable and ample in the banking…

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