Quick Take Chinese economic trends display a peculiar cycle. In November, China’s inflation rate fell into deflation, marking the second month in succession, with a rate of -0.5%, slightly higher than October’s -0.2%. Historical data shows a pattern: a recession follows simultaneously each time China slips into deflation. Notable instances were around 2000 and 2008, […]
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Bitcoin thrives as China combats deflation with fresh liquidity injections