Reported about 8 hours ago
China is currently experiencing the longest period of deflation since the 1960s, with analysts predicting a continuation of price declines through 2025. Despite some economic growth, a combination of a housing crisis and weak demand has led to persistent deflation, impacting corporate profitability and consumer spending. The Chinese government is urged to implement aggressive fiscal policies to combat this issue, as deflation poses a risk of a vicious cycle of reduced spending and investment.
Source: YAHOO