China's consumer inflation falls to five-month low in November

China's consumer inflation fell to a five-month low in November, with the consumer price index rising just 0.2% year-on-year, down from 0.3% in October. This was below economists' expectations of a 0.5% increase. The producer price index also declined, dropping 2.5% year-on-year, an improvement from a 2.9% decrease in October. Despite recent stimulus efforts, the economy continues to face challenges, including potential new tariffs from the U.S. In response to local government financing issues, China announced a 10 trillion yuan debt package in November. Government advisers are now suggesting a growth target of around 5.0% for 2025, advocating for stronger fiscal measures.