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RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years ago

Chinese economy expected to have slipped into deflation as recovery falters

www.theguardian.com

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Chinese economy expected to have slipped into deflation as recovery falters

www.theguardian.com

RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years ago
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Some forecasters predict consumer price inflation data due to be released will show prices fell by 0.4% year-on-year in July
  • knfrmity@lemmygrad.ml
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    2 years ago

    These would be problems if China had a liberal economic model. Fortunately they have whole process workers democracy, and these things aren’t really problems at all.

    • Gargleblaster@kbin.social
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      2 years ago

      Anybody who uses democracy in the same sentence as China is a plant.

      • HobbitFoot @thelemmy.club
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        2 years ago

        What do you mean? Of course it is a democracy except that it is a one party state where people don’t get a chance to choose their leaders or set policy.

      • knfrmity@lemmygrad.ml
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        2 years ago

        I have been feeling an awful lot like an aloe vera lately.

        In any case, if you’re interested in learning more, here’s a great place to start.

        https://www.qiaocollective.com/education/socialism-with-chinese-characteristics?rq=Socialism with Chinese characteristics

        • emmanuel_car@kbin.social
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          2 years ago

          Because you get applied to sick burns?

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