China’s Deflation Threat: What to Watch Beyond the Headlines
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Deflation has been the buzzword since China’s central bank Governor Zhou Xiaochuan told the Boao Forum for Asia last month that the economy and prices were not expanding fast enough.
Zhou’s comments came after the benchmark industrial-price gauge fell in February by the most since 2009 as growth in the world’s second-biggest economy decelerated with commodities such as copper, iron ore and oil continuing their plunge.