China and the spiral of deflationary peril

While much of the world grapples with the specter of inflation, China faces a unique challenge – the threat of deflation. The country’s gross domestic product (GDP) deflator, a comprehensive gauge of prices across all goods and services, has dipped to a negative 1.4 percent, marking two consecutive quarters of contraction. This downturn in prices […] source: https://www.cryptopolitan.com/china-and-the-spiral-of-deflationary-peril/