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 ...
Falling prices tend to weaken demand, hurt growth and deter credit uptake—all of which can form a doom loop. Will Beijing’s ...
CHINA: China's consumer inflation dropped more than expected, falling below zero for the first time in 13 months, reflecting ...
Leo Liu, manager of the large Wankelai store in China's capital Beijing, spoke into a microphone, announcing progressively steeper and ...
Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.
China's consumer prices fell 0.7% year-on-year in February, a 13-month low, exceeding the expected 0.5% drop and reversing ...
It revolves around 10 key tasks such as boosting consumption, attracting investment, mitigating financial risks ...
China's consumer price index in February missed expectations and fell at the sharpest pace in 13 months, while producer price ...
A clearer read on the inflation trend will emerge in March, as investors look for signs that the government’s stimulus is ...
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 has set a 5-percent GDP growth target for 2025, but the economy continues to struggle under a prolonged property market slump ...
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