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.
European stock markets were trading lower Monday on fears over deflation in China and a recession in the U.S. London's FTSE 100 index was down 0.6%, Germany's DAX declined 0.8%, France's CAC decreased 0.
Chinese Premier Li Qiang's renewed emphasis on consumption isn't being matched by policy firepower, say economists, who warn that the trade war with Washington and other challenges at home will likely keep policymakers in a prolonged battle with deflation.
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.
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.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results