Deflation is often misunderstood as a positive economic phenomenon due to the immediate benefit of lower prices for consumers. However, it represents a prolonged decline in the general price level of ...
Chinese companies are facing widespread deflation, which has left consumers uncertain about the future and hunting for value. The ongoing situation is described in China as "involution" or a ...
China's consumer inflation rose less than expected in January while the deflation in producer prices persisted.
While deflation may seem like a good thing, it can signal an impending recession and hard economic times. When people feel prices are headed down, they delay purchases in the hopes that they can buy ...
BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...
Living in China is getting cheaper. Because rents in my neighborhood in central Beijing are dropping, my wife and I pressed our landlord to reduce ours by $140 a month in a new lease that we signed ...
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BEIJING -- When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and the ...
China’s economy is in trouble. Here’s how the FT summarizes the situation, in traditional economic language. China’s underlying structural challenges range from high government debt, demographic ...
BANGKOK, Jan 12 (Reuters) - Thailand's central bank said on Tuesday that economic recovery was still fragile and facing uncertainty, and inflation would return to its target in the middle of the year.