Tag: China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown

China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says

The threat of deflation doesn’t seem to worry Chinese President Xi Jinping that much even as the world’s second-biggest economy continues to struggle with weak growth. However, it was enough of a concern among Communist Party advisers that they prepared a report earlier this year warning China could slip into a deflationary spiral without more […]

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