As the world battles inflation, China’s problem is deflation
From a real estate crisis to strict Covid controls to its lowest growth target in three decades, China’s economy faces many problems. But inflation is not one of them. Data released last week showed consumer prices rose 2.1% year-on-year in October – the kind of moderate gain that Western policymakers can only dream of. Producer …
As the world battles inflation, China’s problem is deflation Read More »
