China Swings into Deflation: Implications for the U.S.

Photo by Hanny Naibaho on Unsplash

China's deflationary trend in July 2023, with consumer prices falling by 0.3% and factory gate prices declining for the tenth consecutive month, has raised concerns not just in China but globally. This article explores what deflation means for China's economy and how it may affect the United States.

China's Economic Cont…