October CPI -0.1% m/m (expected 0.0%; last 0.2%); -0.2% yr/yr (expected -0.1%; last 0.0%).
October PPI -2.6% yr/yr (expected -2.7%; last -2.5%)
China’s Vice Premier He will meet with Treasury Secretary Yellen in San Francisco today.
The Biden administration is reportedly being urged by some Congressmen to raise tariffs on Chinese-made vehicles.
China’s Commerce Ministry will aim to stabilize the confidence of foreign firms in China.