China’s prices fall at fastest rate in 15 years
Economists see deflation pressure in China continuing for at least another six months, largely because of the real estate turmoil. While China was able to reach an official growth goal of about 5 per cent in 2023, repeating a similar performance this year may be difficult without bigger efforts by policymakers.
https://www.afr.com/world/asia/china...0240208-p5f3g6
Economists see deflation pressure in China continuing for at least another six months, largely because of the real estate turmoil. While China was able to reach an official growth goal of about 5 per cent in 2023, repeating a similar performance this year may be difficult without bigger efforts by policymakers.
https://www.afr.com/world/asia/china...0240208-p5f3g6
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