China on Wednesday reported it had entered deflation for the first time since 2021 — the latest indicator pointing to a slowdown in the world’s second-largest economy. Here’s how Beijing is attempting to reverse the downturn:
– Targeted stimulus –
During the global financial crisis of the late 2000s, China unveiled a massive four trillion yuan ($556 billion at current exchange rates) stimulus plan.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.