China Faces Worst Deflationary Streak Since 1999

Sep 8th 2024 10:13pm EDT

China Faces Worst Deflationary Streak Since 1999 By John Liu and Zheng Wu, Bloomberg markets live reporters and strategist Three things we learned last week: 1. China’s former central bank chief made a rare admission that the nation should tackle deflation. The economy faces its worst deflationary streak since 1999, putting pressure on corporate profits, wages […]

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