China’s stubborn deflation really is a global economic problem

China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are trying to fix it, but […] source: https://www.cryptopolitan.com/china-deflation-global-economic-problem/