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BBCNEWS BBC News at One June 4, 2024 12:18:00

Deflation can erode profits and depress business confidence. injuly, prices in china fell by 0.3% compared to a year before, with a crisis in the property sector and high youth unemployment among the factors behind lower domestic spending. trade data this week shows chinese exports falling at their fastest rate since the pandemic, by more than 14 % in the year tojuly. and its a similar story for imports, which fell by more than 12% in the same period. 0ur china correspondent stephen mcdonell is ...
Business Confidence Youth Unemployment Property Sector 00 3 Trade Data 0ur China Correspondent

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