China’s risk of deflation is ‘serious’ — one economist says it’s ‘time to act’
By Reuters
18 July 2023 |
1:10 pm
China producer prices suggest deflationary price pressures seen in upstream sectors, Grow Investment Group's chief economist Hong Hao said. Nominal GDP growth is lower than real GDP growth in Q2, Pinpoint Asset Management's chief economist Zhang Zhiwei said.
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