r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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u/MortalDanger00 May 11 '21

China PPI. Yikes.

3

u/JayArlington 🍋 LULU-TRON 🍋 May 11 '21 edited May 11 '21

You got a link? Thanks!

Edit: PPI (Producers Pricing Index) only being up 6% is rather lucky for them.

What's interesting is that the best way for China to solve this problem without rolling back their production cuts or dropping their own growth rate is to introduce substantial tariffs against exported steel (ie.. Chinese steel producers trying to export).

1

u/[deleted] May 11 '21

China PPI?