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China may have to juice its economy soon as 'stagflation' risk rises

A Chinese central official has warned that stagflation could weigh on an already struggling economy next year. It's the latest sign that the government may be thinking about taking some aggressive steps to address slowing growth, including its first lending rate cut since early 2020.

source https://www.cnn.com/2021/11/22/economy/china-stagflation-pboc-growth-intl-hnk/index.html
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