BEIJING/TOKYO -- Prices of some 70% of China's major exports, including steel products and cars, have declined over the last year and companies have increasingly opted to sell excess inventory abroad at low prices in the face of sluggish domestic demand.
These "deflationary exports" from China, which makes up a high share of global production, can ease inflationary pressures overseas -- but can also cause trade frictions price competition intensifies..
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
