Such challenges are the backdrop to the annual session of China's parliament, which begins Wednesday. It's unclear what the ruling Communist Party might do to tackle the problem,
Some economists see China in danger of sliding into the same kind of multi-decade struggle against deflation and dismal growth that Japan suffered in the 1990s and 2000s.
Shares in Hong Kong and Shanghai sank Monday on a mixed day for equity markets after data showing Chinese consumer prices slipped back into deflation stoked fresh concerns over the
China is experiencing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world. Cheaper prices can be a blessing for some, but deflation is a symptom of relatively weak demand and stalling economic growth.
The Chinese yuan weakened against the U.S. dollar in offshore and onshore markets, weighed down by signs of deflation in China.
China has kept its 2025 economic growth target at around 5%, increasing fiscal measures to counter deflation and U.S. trade pressures. The goal, confirmed in a government report for the National Peoples Congress (NPC),
Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.
Shares in Hong Kong and Shanghai sank Monday on a mixed day for Asian markets after data showing Chinese consumer prices slipped back into deflation stoked fresh concerns over the
It has been easy to forget that Beijing has an inflation problem. Not the surging — and now receding — prices that just about every other economy has wrestled with. Instead, Beijing is haunted by the specter of deflation.
Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold a cotton jacket and a woman's undershirt.
China's consumer prices fell 0.7% year-on-year in February, a 13-month low, exceeding the expected 0.5% drop and reversing January’s 0.5% rise. Producer deflation also continued, down 2.2% year-on-year,