ECONOMY

The industrial economy still hasn’t seen a substantial recovery because of the global epidemic, deteriorating trade growth, lack of consumer demand, and other factors, Luo Junjie told reporters. Luo said

The ambition underlines China’s push to get ahead in new technology. It continues a feud with the U.S. in semiconductors to artificial intelligence areas. In a document released last week,

The consumer price index, a metric that estimates costs across dozens of items, rose 7%, as stated by the department’s Bureau of Labor Statistics. Every month, CPI increased 0.5%. Economists

The development offers some hope for the Bank of Japan’s struggle to push inflation to its 2% target. It does this by changing perceptions regarding persistent deflation with aggressive monetary