Falling prices tend to weaken demand, hurt growth and deter credit uptake—all of which can form a doom loop. Will Beijing’s ...
Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary ...
Chinese consumers grappling with uncertainty about jobs and incomes are increasingly turning to discount stores. Read more at ...
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 consumer price index in February missed expectations and fell at the sharpest pace in 13 months, while producer price ...
China's consumer prices fell 0.7% year-on-year in February, a 13-month low, exceeding the expected 0.5% drop and reversing ...
Chinese Premier Li Qiang's renewed emphasis on consumption isn't being matched by policy firepower, say economists, who warn ...
China is experiencing deflation, with consumer prices dropping by 0.7% and producer prices decreasing by 2.2%. The surplus industrial capacity and reduced consumer spending are contributing to ...
BEIJING—When he bought an apartment near ... China is experiencing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world.
Reuters published an article on Monday, titled "In deflation-hit China, one store holds flash sales four times a day," which depicted the discounting scenarios at Wankelai, attempting to underscore ...
Leo Liu, manager of the large Wankelai store in China's capital Beijing, spoke into a microphone, announcing progressively steeper and ...