Jan 23, 2024 10:22 AM

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CX Daily: How Can China Deal With Deflationary Pressure?

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China’s CPI rose 0.2% in 2023, the slowest since 2010, and remained mired in negative territory throughout the fourth quarter

China’s CPI rose 0.2% in 2023, the slowest since 2010, and remained mired in negative territory throughout the fourth quarter

Economy /

Cover Story: How Can China Deal With Deflationary Pressure?

China’s economy ended 2023 having experienced a patchy post-pandemic recovery, albeit ultimately posting a slightly higher-than-expected growth rate of 5.2%. However, doubts over the world’s second largest economy linger as deflationary pressures mount and murmurs of what may await quietly begin to dominate talk among economists and policymakers.

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