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[jumanji0881]

Beijing Is Trapped: China Producer Prices Surge At Fastest Pace In 26 Years : https://www.zerohedge.com/economics/beijing-trapped-china-producer-prices-surge-fastest-pace-26-years

My Comment : Cannot fight "stag" and "flation" simultaneously

Excerpts:
China’s factory-gate prices grew at the fastest pace in almost 26 years in September, adding to global inflation risks and putting pressure on local businesses to start passing on higher costs to consumers.. The producer price index climbed 10.7% from a year earlier, the highest since November 1995, data from the National Bureau of Statistics showed Thursday, far higher than the 9.5% gain in ...
www.zerohedge.com

And so, Beijing is now trapped: if it eases, inflation - already at nosebleed levels - will soar further crushing margins and sparking a deep stagflationary recession; if it does not ease, the property market - already imploding - will crater.