An employee folds a shirt under price tags at a supermarket in Hefei, Anhui province, China. Annual consumer inflation accelerated in China more than expected in June as food costs soared. Photograph: Reuters.

China’s annual consumer inflation accelerated more than expected in June but factory-gate deflation persisted for a 16th month, underscoring the polic(...)

An employee wearing a cardboard mask works in a bicycle factory in Zaozhuang in the Chinese province of  Shandong yesterday. China’s growth could slow further after data released yesterday showed subdued activity across the economy in May in the face of sustained global weakness, raising the possibility of interest rate cuts. Photograph: Reuters

Slower Chinese inflation in May, combined with below-expectation bank lending, added to a downbeat picture of the world’s second-biggest economy in th(...)

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