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China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says
Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can benefit from falling prices, persistent deflation can also lead to a ...
Deflation is often misunderstood as a positive economic phenomenon due to the immediate benefit of lower prices for consumers. However, it represents a prolonged decline in the general price level of ...
BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...
Hugh Hendry says the world is brimming with risks right now, from Chinese deflation, to the strength of the US dollar, to unrealized losses in US Treasuries held by the bank. In the new episode of the ...
TOKYO—The Japanese economy hasn’t completely overcome deflation yet, although there are some positive developments such as wage growth and increasing capital spending, Finance Minister Shunichi Suzuki ...
Japan is likely close to completely overcoming its decades-long deflation, according to Bank of Japan Deputy Gov. Shinichi Uchida. “While we still have a big challenge to anchor the inflation ...
Deflation deepens in China as US tariffs add to gloomy economic mood Luxury consumers increasingly shifting to second-hand market But overcapacity, supply growth outpaces demand, leading to deeper ...
TOKYO, March 7 (Reuters) - Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday. The remark ...
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