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China’s approach to its currency, the renminbi (RMB), remains a hot-button issue, especially with the United States.
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For decades, manufacturing powered China’s rapid growth, lifting millions out of poverty and turning the country into the ...
The announcement over the weekend that China is experiencing significant deflation highlights the growing problems confronting the government as it seeks ways to boost the economy. Consumer ...
Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy. The Consumer Price Index ...
Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy Residential complexes are seen in Miyun district in northeastern Beijing, on Feb. 27, 2025. Credit: ...
Hong Kong (CNN) — Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.
China was supposed to see a strong rebound from the pandemic. Instead it's facing deflation, massive debt, and a wobbling housing market.
The word “bazooka” is trending in Asia after China deployed the big monetary guns to battle deflation in Asia’s biggest economy. Since taking the helm in July 2023, People’s Bank of China ...
Hong Kong (CNN) — Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.
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