PBOC deputy Governor Yi Gang: Deflation risk in Japan, Europe, higher than in China

People’s Bank of China governor Yi Gang:

• risk of deflation in Japan and Europe is greater than in China at present
• "We are monitoring the situation"
• "Overall, CPI right now is low, but it will remain in positive territory in the near future"

Yi speaking to media before attending meetings of the Chinese People's Political Consultative Conference

-

Oh, yeah. Yi's comments were from before the CPI and PPI data release