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China faces an economic perfect storm – with potentially catastrophic consequences

It may seem odd to those of us having to contend with sustained inflation, or what has been dubbed the cost of living crisis, but in China households and firms are experiencing precisely the opposite. Some may consider falling prices a positive development for the Chinese economy. This would be a mistake.
United Kingdom Chinese Communist Party Chinese Government Hinese Economy Commodity Prices Chinese Communist Party
Source: yahoo.com

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