Lackluster Price Data Underscores China’s Deflation Risk

If authorities in Beijing weren't already under enough pressure to revive domestic demand, Xi's statisticians on Sunday braved another lackluster read on consumer price growth. I say "braved." The implication, obviously, is that the NBS would rather deliver good news, lest the big man should shoot the messenger, figuratively or literally. Some of that's just gallows humor. I don't actually believe Xi's so far gone as to resort to threats of physical violence against bureaucratic number cruncher