China’s deflation is intensifying as companies dive into fierce price wars, escalating economic challenges. Plummeting prices reflect weakening demand, squeezing profits and sparking fears of a prolonged slowdown
Browsing: Price Wars
Chinese President Xi Jinping is signaling a bold new strategy to put an end to the prolonged deflationary price wars, with the goal of stabilizing markets and sparking robust economic growth, Yahoo Finance reports. This move has the potential to reshape China’s competitive landscape in a profound way