摘要
THE DEFLATION FACTORDespite the stagnating property market and underperforming industrial production, China still aims to meet the targeted growth rate of 7.5 percent. But many analysts caution this will be difficult to achieve in the absence of significant economic stimulus measures. In September, China＇s official purchasing managers＇ index （PMI）, a measure of manufacturing activity, remained the same as in August at 51.1. A measure above 50 indicates growth from the previous month. The figure met the prediction of analysts who see the economy stabilizing as a whole. However, the property sector continues to weigh down on growth.
THE DEFLATION FACTORDespite the stagnating property market and underperforming industrial production, China still aims to meet the targeted growth rate of 7.5 percent. But many analysts caution this will be difficult to achieve in the absence of significant economic stimulus measures. In September, China＇s official purchasing managers＇ index （PMI）, a measure of manufacturing activity, remained the same as in August at 51.1. A measure above 50 indicates growth from the previous month. The figure met the prediction of analysts who see the economy stabilizing as a whole. However, the property sector continues to weigh down on growth.
