Weak Demand and Fierce Competition Fuel China’s Deflationary Spiral
China’s Economy Grapples with Deflation China’s economy is facing a significant challenge: persistent deflation. For the first time in three months, the consumer price index (CPI) has fallen, slipping 0.4% from a year ago. This dip below zero is a clear signal of weakening demand within the world’s second-largest economy. This marks the third consecutive … Read more