Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy. The Consumer Price Index (CPI), a ...
BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...
The consumer price index dipped 0.4% last month from a year earlier, worse than economists' forecast for a 0.2% contraction. Core CPI, stripping out the volatile food and energy prices, rose 0.9% from ...
The threat of deflation doesn’t seem to worry Chinese President Xi Jinping that much, even as the world’s second-biggest economy continues to struggle with weak growth. However, it was enough of a ...
Living in China is getting cheaper. Because rents in my neighborhood in central Beijing are dropping, my wife and I pressed our landlord to reduce ours by $140 a month in a new lease that we signed ...
“Goldman Sachs has suggested that investors look to Japan’s ‘lost decade’ as a guide to the future of the Chinese stockmarket.” – The Economist (Jan. 11, 2025 After two decades of rapid expansion, ...
Pedestrians walk along a bridge pass buildings in Pudong's Lujiazui Financial District in Shanghai, China. China’s deflation problem hasn’t yet reached crisis proportions. But Xi Jinping’s team is ...