Deflation in China

Available for over a year

It's often said that if America sneezes, the world catches a cold. That now must be true of China - the worlds second largest economy. China's economy is struggling with falling prices - or deflation. The main inflation measure has turned negative for the first time since the pandemic. (Photo: People cross a street in the central business district of Beijing, China, 09 August 2023. Credit: MARK R CRISTINO/EPA-EFE/REX/Shutterstock)