acemaxx
#China is facing the challenge of #deflation - Its GDP #deflator (the broadest measure of prices taking in all goods and services of a country) is at minus 1.4% and has contracted for 2 consecutive quarters, chart Chetan Ahya @MorganStanley op-ed @FT https://www.ft.com/content/925e1ab5-dbf9-4c38-adaf-f4ffa44998c9
China faces the risk of a debt-deflation loop

The country should stimulate consumption with spending on education, healthcare and public housing

Financial Times
Dec 13, 2023 at 6:04amWeb