When you ask any AI, it’ll tell you that China is in a deflationary period, which doesn’t make sense. They have the biggest market cap in the world, so inflation hits them much slower, mostly in the larger inner cities feel it first. It takes the rest of the country years longer to feel it.
Discussion
Their currency is pegged to the dollar, so the only thing to watch is the peg. They will feel inflation, but only if the US prints money. (As long as the peg holds)
And what are the chances of that?