Can China fall into the deflation trap?

2023-08-10 17:44:57

While the whole world is fighting once morest inflation, China entered deflation last month, that is to say in a period of falling prices for goods and services. A first since 2021 for the world’s second largest economy, which does not bode well for purchasing power. Decryption.
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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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