China continues to suffer under the weight of a collapsing real estate market, raising the alarm for a potential domino effect across the wider economy.
As Japan s currency drops toward levels not seen since the 1990s, and contagion talk stalks China, there’s no reason to think Beijing will take the trend lying down.
EXCLUSIVE: Xi Jinping s deflating economy will have ramifications for every single trading partner of the communist state, but energy prices across Europe could reduce.
China’s current challenges are the result of misallocation of resources in its boom years; the troubles in the property sector are a symptom of this , not the cause. Competition and productivity are the main forces behind today’s deflationary pressure, and this is a positive development.