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Why China’s Deflation Crisis is Getting Worse
Posted
February 10, 2024
Views
321,645
Likes
9,300
Comments
1,187
Engagement
3.26%
February 10, 2024
321,645
9,300
1,187
3.26%
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On Thursday, China released its inflation figures for January, revealing a fourth successive monthly decline in the CPI. This might sound like a good thing - but a super-weak consumer confidence, combined with crises in the property and stock markets, is deeply worrying the CCP.
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