There were few signs of that in the economic picture provided by the National Bureau of Statistics this week. China's output grew by 10.3% in the year to the second quarter, the bureau said, slower than its growth in the previous quarter (11.9%), but not too much slower (see chart). Inflation also eased, falling back below the central bank's official target of 3%, thanks partly to cheaper fruit and vegetables.
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Inflation also eased, falling back below the central bank's official target of 3%, thanks partly to cheaper fruit and vegetables.
通胀也有所缓解，回落到央行官方目标3%以下，很大程度上归功于蔬菜和水果价格的降低。
Output prices also slowed to 4.7%, down a touch from 5.0%, which eased fears of excess pressure in the inflation pipeline.
输出物价指数同样自5.0%的前值略降至4.7%，这一定程度减轻人们对通胀渠道压力外溢的担忧。
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