Deflation Looms In China As Rebound Loses Steam Wsj BEIJING -- China is stepping up overseas shipments of cheap steel and other products, as more countries accuse it of exporting its deflation Export prices for 60% of major products have fallen Just about everyone has a view on China’s economictroubles This tradeoff is delaying a full-on assault against deflation If Japan taught the world anything it’s that falling prices
Deflation Risks Loom In China Amid Property Crisis вђ Survey I3investor He said on Friday that the aim should be to bring the GDP deflator — the broadest measure of prices in the economy — back into positive territory, effectively dispelling deflation China’s says it is closing more than a dozen stores in China as the world’s second-largest economy loses steam and thrifty consumers seek out cheaper options for dining out The company’s subsidiary China’s economy is unusual Whereas consumers contribute 50% to 75% of gross domestic product in other major economies, in China they account for 40% Investment, such as in property China’s central bank kept its key policy rates unchanged, as widely expected after a flurry of rate cuts last month The People’s Bank of China injected 300 billion yuan, the equivalent of $42
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