Why China Is Struggling to Escape a Cycle of Deflation

Why China Is Struggling to Escape a Cycle of Deflation

China’s spiral into deflation is proving hard to fix. Overall prices in the world’s second-largest economy have fallen for two straight years, and if they drop again in 2025 — as many analysts are predicting — it would mark the longest deflationary streak for the country since the 1960s.

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