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BEIJING Adidas Originals NMD City Sock 2 PK valkoinen , Feb. 10 (Xinhua) -- Although low inflation in January was expected by the general market, the Chinese government must remain on full alert for further deflation pressures amid signs of a flagging economy.
The consumer price index grew 0.8 percent year on year in January, the slowest pace since November 2009 and much lower than 2 percent for the whole year of 2014, according to the National Bureau of Statistics (NBS).
Naturally, people are pretty happy about it. Since the beginning of last year Adidas Originals NMD City Sock 2 PK musta , inflation has remained mild, which means a rise in living cost will not eat too much into disposable incomes.
The most conspicuous benefit was for car owners. China cut gasoline and diesel retail prices 13 consecutive times between July 2014 and the end of January, following declines in international oil prices.
A drop in oil prices was one of the reasons behind the slower CPI rise last month, dragging down inflation by 0.07 percentage point, NBS statistician Yu Qiumei said.
Food price declines due to warm weather and the Spring Festival holiday were also major reasons behind the subdued inflation. The Spring Festival Naiset Adidas NMD R2 Vaaleanpunainen valkoinen , or China's lunar new year, falls in February this year but was in January last year.
However, many analysts believe low inflation can serve as a metaphoric canary in a coal mine.
Nomura said in a research note that despite the holiday factor, ""we believe underlying disinflationary pressures have risen, with CPI inflation easing across the board.""
The disinflationary pressures reflect weakening demand in the economy and worsening overcapacity in upstream industries Adidas Originals NMD R1 Glitch Harmaa valkoinen , the note reads.
In the case of defaltion, price declines will have negative impacts on both investment and consumption, with companies reluctant to invest due to less foreseeable profits and consumers unwilling to buy as they look for even cheeper goods.
The subsequent job loss and excessive inventory will not be that rosy for any economy.
""The January inflation data, together with trade data and PMIs, point to slower growth momentum in economic activity Adidas Men NMD CS2 Primeknit musta Kengät ,"" Nomura said.
China's trade volume tumbled 10.8 percent in January. The manufacturing purchasing managers' index (PMI) fell below 50 for the first time since October 2012.
The institution forecast that inflation will tip up somewhat in February on the reversal of holiday distortion, but it will remain subdued in the coming months.
HSBC agreed, saying that today's data point to further deceleration in inflation and the growth slowdown in January.
It added that the central bank may ease more with another 25-basis-point cut to interest rate in the first quarter.
Nomura also said that further easing is justified and needed against a backdrop of weak growth momentum and weak inflation.
""We believe last week's RRR (reserve requirement ratio) cut was just the start of a series of further easing measures,"" it said.
Nomura said it maintained its call for three more RRR cuts (50 basis points each quarter) and one more 25-basis-point benchmark interest rate cut in the second quarter.
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HARBIN, Sept. 29 (Xinhua) -- Researchers have found a large number of Aldrovanda vesiculosa Adidas Miehet NMD CS1 Primeknit musta Sneaker Kengät , an endangered species commonly known as waterwheel plants, in a wetland in northeast China's Heilongjiang Province, local authorities said Friday.
Researchers from universities and Qixinghe National Nature Reserve identified more than 5,000 waterwheel plants scattered in an area of over 600 square meters in the reserve during an observation tour between Sept. 20 and 23, according to the provincial forestry department.
Waterwheel is a rootless and free-floating plant Miehet Adidas NMD XR1 Primeknit Triple Black musta , like an aquatic Venus flytrap. It was under class one national protection in 1999 and listed as an endangered species by the International Union for Conservation of Nature.
"Waterwheel plants have strict requirements for water, which needs to be shallow, warm and extremely clean," said Yao Yunlong from the Northeast Forestry University, which participated in the research.
Yao said the discovery showed a better local environment driven by China's stronger ecological protection. The Chinese leadership are emphasizing ecological protection Miehet Adidas Originals NMD XR1 musta Harmaa , demanding an increase in the size of forests, lakes and wetlands.
China boasts 577 nature reserves and 468 wetland parks. The push for preservation has gone as far as becoming part of the criteria for assessing local government officials in some regions.
Waterwheel plants are found in Europe, Asia, Africa and Australia. In China, it only spreads in Heilongjiang. Yao said they first found this species in 2015 in a wetland in the province but only a small quantity.
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