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China’s consumer prices slid deeper into deflationary territory last month, ... Pork for sale at a wholesale market in Beijing on January 12, 2023. ... The Today Show.
Yiwu International Trade City (Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [3] [4] In 2022, the market sold around US$70 billion of goods. [5]
In October 1990, China Zhengzhou Grain Wholesale Market was established in Zhengzhou, Henan Province. [1] This is the first time that futures trading was introduced in China. Soon China's futures market started to boom. After more than 20 years development, China's commodities futures market has become one of the world's largest. [2]
Commodity trading in China has a short but high-growth history. With an increasing product variety and deepening liquidity pools, the mainland's futures market is playing an increasingly important role in serving the national economy .
On a monthly basis, prices increased 0.4%, compared to the 0.2% seen in October. Excluding food and energy, "core" prices increased 3.4% year-over-year, above October's 3.1% increase. Economists ...
Property prices fell and home sales also declined in most cities, the statistics bureau said, as China endures a downturn in its real estate market after regulators cracked down on excessive ...
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