While The World Worries About Inflation, Beijing Battles Deflation
The global economy is grappling with inflationary pressures, with many countries struggling to control rising prices. However, China finds itself facing the opposite challenge: deflation. While lower prices may seem like a boon for consumers, deflation is often a sign of weak demand, economic stagnation, and financial distress. China’s ongoing deflationary spell is affecting households, … Read more
