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Consumer prices in China fell for the third month in April as the country grapples with sluggish spending amid a fierce trade war with the United States.The latest data, released on Saturday by the National Bureau of Statistics (NBS), showed that the consumer price index (CPI), a crucial inflation measure, dropped by 0.1 percent year-on-year. This marks a continuation of the downward trend observed in February and March, reflecting deep-rooted challenges for the world’s second-largest economy.The world’s second largest economy has been struggling with deflationary pressures in recent years, facing longstanding woes in the property and exports sector.NBS statistician Dong Lijuan commented on the figures, attributing the decline to “international imported factors” which have led to lower prices in certain industries. These figures come at a critical time for the Asian giant, just ahead of key economic talks between officials from China and the United States in Switzerland. The two countries have been long engaged in a tit for tat tariff situation, with the US imposing a staggering 145% duty on many imports, which may reach as high as 245% overall.President Donald Trump had hinted on Friday that tariffs could be reduced to 80 percent, though Beijing has consistently called for a full cancellation of the levies that continue to pressurise the economy. Despite these external pressures, Chinese exports managed to rise in April, with a notable shift in trade routes to Southeast Asia. Exports to countries such as Thailand, Indonesia, and Vietnam saw double-digit growth, compensating for a sharp drop in exports to the United States.The producer price index (PPI), another key inflation indicator. also dropped by 2.7 percent year-on-year in April, a steeper decline than March’s 2.5 percent drop. This further reflected broader challenges in China’s manufacturing and export sectors.“Changes in the international trade environment and a rapid decline in some international bulk commodities have affected the decline in prices in related domestic industries,” Dong said.According to trade figures from China’s customs bureau, exports to the United States saw a major decline in April. However, shipments to Southeast Asia, particularly Thailand, Indonesia, and Vietnam, experienced double-digit growth.Chinese policymakers have recently relaxed key monetary policy measures, in efforts to stimulate domestic economic activity. These include cuts to a major interest rate and a reduction in the reserve requirements for banks, designed to encourage more lending.
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Luxury skincare expansion: L’Oreal acquires majority stake in Medik8; announces 1 billion Euro deal
[ad_1] Cosmetics maker L’Oreal agreed to acquire a majority stake in British skincare brand Medik8, in a strategic move to strengthen its presence in the booming skincare market. The French beauty giant announced the deal on Monday, though financial terms were not disclosed.The transaction, which sees UK-based private equity firm Inflexion selling its majority holding, reportedly values Medik8 at around 1 billion Euro, according to a source familiar with the matter. Inflexion will retain a minority share, while L’Oreal has secured the option to eventually buy out all remaining shareholders, Reuters reported.“We are delighted to welcome Medik8 to the L’Oréal family. As a premium skincare range, with high levels of proven efficacy at an accessible price point, Medik8 perfectly complements our existing skincare portfolio,” Cyril Chaupuy, president of L’oreal Luxe said.“This acquisition further strengthens L’Oreal’s luxe portfolio, adding a premium […]
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[ad_1] The two-wheeler industry in India is set to undergo a massive selling surge, surpassing pre-Covid-19 levels, driven by RBI’s rate cut, strong domestic demand and significant recovery in exports. According to a report by CareEdge Ratings, the sector is expected to register a healthy volume growth of 8–9% in FY26. This follows three years of strong performance, with volumes rising by 8% in FY23, 10% in FY24 and 11% in FY25.A key factor behind this growth is the Reserve Bank of India’s cumulative 100 basis points rate cut since February 2025, including a 50 bps reduction last week, which is anticipated to make vehicle loans more affordable and spur demand.“The cumulative 100 bps rate cut by the RBI since February 2025, with the recent 50 bps rate cut announced last week, is expected to enhance affordability and boost demand” […]
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Luxury skincare expansion: L’Oreal acquires majority stake in Medik8; announces 1 billion Euro deal
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270 million pulled out of poverty! How Modi government achieved a remarkable dip in extreme poverty & what’s the road ahead? Explained
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China exports: Global shipments rose 4.8% in May; inflow to US falls nearly 35% amid trade talks
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Tata Motors future plans: Rs 33,000-35,000 crore investment to boost passenger vehicles; hoping to lead in EV segment
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