Browsing: deflationary spiral

China’s deflationary spiral is inflicting far deeper economic damage than official numbers suggest. As prices continue to plunge, consumer spending and investment are taking a major hit, sparking growing worries about the stability of the nation’s delicate recovery

China’s deflationary pressures are intensifying as companies plunge into fierce price wars, spotlighting mounting economic challenges. This cutthroat competition is squeezing profit margins and clouding growth prospects, CNBC reports