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Can China’s Economy Avoid Japanese-Style Deflation? | Presented by CME Group
Posted
January 19, 2024
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1:05Now PlayingDespite continued assurances of an imminent postpandemic recovery from China’s government, consumer prices in the world’s secondlargest economy experienced their steepest annual decline last year since the late 1990s. With domestic supply clearly outrunning demand in key sectors, some analysts are predicting a Japanesestyle period of deflation for China. That’s big news for producers around the globe, as a period of cheapening goods prices in China poses big risks to their own competitiveness. Here’s what you need to know about China’s growth outlook for 2024. Presented by @cmegroup
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