Behind the ticking time bomb – should we fear China’s slide into deflation?

China was expected to roar back into life after Covid, but its weak rebound has shocked analystsWhen two core indicators of Chinese inflation turned negative this week, alarm bells rang as the world’s second-largest economy started sliding into deflation. According to Joe Biden, China’s economy is a “ticking... #press

https://www.theguardian.com/world/2023/aug/12/china-deflation-ticking-time-bomb?utm_source=press.coop

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