Can China Save Its Deflating Economy?

The primary prob Thursday hina is not poor monetary poli 0.8 percent aggr January emand caused by a year earlier slump and years of zero-Covid lockdowns.

Deflation is a worse problem than inflation because over time it significantl 15 years s eco first growth.

From 2019 to 2022, the Chinese workforce has shrunk by more than 40 million.

Over time this will reduce overall economic output (GDP), as well as tax revenue, making it harder for the government to invest in the economy and provide state pensions for retirees.

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