China's February consumer price index rises for the first time in six months, but deflation remains a concern. The main reason for this was an increase in travel demand due to the long Lunar New Year holiday.
However, prices of automobiles and other items continue to fall, and concerns about deflation still smolder. The Chinese government has announced its policy to support the economy by issuing special government bonds worth 1 trillion yuan, or over 20 trillion yen in Japanese yen, starting this year. The focus will be on how far stagnant demand can be stimulated.