China’s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy, according to a detailed report by Reuters.

Despite stimulus, China's consumer prices edge up at lowest pace in four months

China's economy has reported a growth rate of 4.6 per cent for the third quarter of 2024, a figure that falls short of the government's ambitious target of approximately 5 per cent.

China's economy grows at 4.6%, falling short of ambitious targets

The world's largest steel maker issued a warning about a crisis in the industry unfolding in China, carrying the potential to ripple around the globe and plunge the sector into a deeper downturn.

China issues stark warning of 'severe' steel crisis amid slowdown