CHART OF THE DAY: China CPI Hits Lowest Level Since 2009

This chart from today's Early Look by Daryl Jones shows China's CPI nearing 20-year lows, as growth and inflation both slow. 

Maybe this most recent dose of cowbell will lead to a reprieve in the steady decline in Chinese equities, but we have our doubts.

WHAT TO WATCH NEXT: Growth + Inflation Slowing: 'China a Perfect Example of Quad 4' McCullough: Don't Be Fooled by U.S. Government's Economic Numbers Win-Win: Our Analysts' Long AMZN + Short AAPL Calls Confirmed

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