Deflation and a negative outlook: China's growth weaknesses
Posted on 11.12.2023China's growth is now facing some economic and financial difficulties, as evidenced by the fall in demand, which has led to higher than expected deflation. Deflation in China While central banks in Europe and the US are busy fighting inflation, China's economic data is showing even more deflation than expected: deflation of -0.5% was recorded in November. Food, manufacturing and energy prices were the main contributors. Chinese consumers and deflation The downward trend in prices can ...
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