Published: Dec 14, 2024, 05:25 IST | Updated: Dec 14, 2024, 05:25 IST
World Business Watch Dec 14, 2024, 05:25 IST
What China's Persistent Deflation Means For The World
Deflation in China is becoming increasingly difficult to reverse. If the world's second-biggest economy's prices continue to decrease for a seventh straight quarter, they will tie the record deflationary stretch set during the late 1990s Asian financial crisis.