Trade
August 16, 2023
As the latest inflation data confirmed, China fell into deflationary territory in July, with consumer prices down 0.3% from last year. Investors worldwide need to prepare for the fallout and revise their strategies.
China's government has been minimising deflation fears, with People's Bank of China and National Bureau of Statistics officials saying there is no foundation for long-term price drops.
As I was quoted by CBS News, amongst other media,
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