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Surveillance: 2% Inflation with Bryson

Bloomberg Surveillance

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The Chinese Consumer's Expectations for the Next 3 Months

I think you are seeing some signs of that right now. I mean, our view here is that we are heading back towards 2%. Now, it's not going to be right away. It's going to take a little bit of time. And part of that is predicated on some economic softness, i.e. a mild recession early next year. What we do know is the Chinese consumers have a very, very high savings rate.

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