Ooops.
Foreign Policy, not Financial Times.
Here is that article, by the way.
They should not have clamped down on Bitcoin, IMO, since that was a cash sponge during COVID and they'd be seeing cash re-entering now, which would create more inflationary pressure. All IMO.
https://foreignpolicy.com/2023/08/09/china-deflation-economy-consumer-prices-debt-crisis-zero-covid/
