CNN He published material on the serious problem of deflation in China. Economic analysis shows that prices of goods and services continue to decline in the country, which may have negative consequences for the economy.
Experts say deflation can lead to deterioration in business activity and a decline in consumer demand. Low prices may cause consumers to delay purchases in anticipation of even lower prices, making it difficult for the economy to recover.
Chinese authorities are already taking measures to combat deflation, such as lowering interest rates and encouraging lending. However, experts note that this may require more efforts and measures to ensure the stability of the Chinese economy and prevent further spread of deflation.
The other day, Maxim Timoshenko, Director of the Financial Markets Operations Department of Russian Standard Bank named Factors that have a positive impact on the Chinese currency. This happened after the Chinese yuan showed growth on the Moscow Stock Exchange in early December.
Formerly US Secretary of State statedThat Russia and China currently pose “the most serious threat to world order” on the planet.