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China 2021 Inflation Seen at 1.5%: Journal


China's CPI is forecast at a moderate 1.5% this year, leaving more room for monetary policies, the China Securities Journal reported citing analysts. A rebound in global demand later in the year and the rollout of vaccines against the Covid-19 virus will drive prices of energy and other commodities, although rising pork output will limit food inflation, the newspaper reported citing Zhou Maohua, an analyst from China Everbright Bank.

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