On a year-over-year basis, China led with a 10 percent production increase, and the US posted a 3.1 percent gain. Production in Russia, South Korea and the European Union fell.
On Wednesday, 130 new COVID-19 patients were detected from the new cluster in Minuwangoda, which came to light after a 39-year-old female apparel factory worker and her 16-year-old daughter tested positive on Oct 4.
On an optimistic note, Achim Steiner, UNDP administrator, said also at the index release that "Although the level of poverty -- particularly in children -- is staggering, so is the progress that can be made in tackling it."
On a monthly basis, however, the CPI declined 0.1 percent, according to the NBS.
On Tuesday, China's Vice Premier Hu Chunhua co-chaired a video conference for the third meeting of the Intergovernmental Commission for Cooperation of Northeast China and the Far East and Baikal Region of Russia, together with Yury Trutnev, Russian's deputy prime minister and the presidential envoy to Russia's Far Eastern Federal District.
On the evening of March 19, 2020, migrant workers arrived at Guangzhou South Railway Station on a special train to return to work from Jingzhou, Hubei province. Two special trains arrived in Guangzhou and Shenzhen to help 1,631 migrant workers in Jingzhou return to Guangdong for free. [Photo by Qiu Quanlin/chinadaily.com.cn]
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On a monthly basis, CPI was up 0.6 percent, higher than the 0.3 percent in the previous month.
On Tuesday, Mexico put tariffs on American products ranging from steel to pork and bourbon, retaliating against the import duties on metals imposed by Trump and taking aim at Republican strongholds ahead of US congressional elections in November.
On Trade, the Chinese ambassador said that Bulgaria should increase its exports to China to achieve trade balance between the two countries.
On Wednesday, it emerged that the European Union may increase its scrutiny of Chinese telecommunications companies following the actions of its allies.