Fixing China’s Monetary Disequilibrium to Break the Deflation Cycle
As consumers and businesses continue to hold off on spending and investment, deflationary pressures deepen, further depressing prices and economic activity.
As consumers and businesses continue to hold off on spending and investment, deflationary pressures deepen, further depressing prices and economic activity.
While the new strategy benefits local governments and wealthy homeowners, it has different implications for China’s middle- and low-income populations.