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"China needs the 'whatever it takes' approach that the European Central Bank pursued a decade ago when it, too, was facing a debt-deflation spiral," Wei said. "The PBOC should publicly declare a ...
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China Is Risking a Deflationary SpiralEven that, however, would fail to reorient China’s economy toward more sustainable growth drivers such as domestic consumption. Foreign analysts and investment bank economists have been loudly ...
China’s consumer price inflation is back to just above zero, marking a setback for government efforts to fight the country’s economic funk with stimulus measures. The downward spiral is ...
and they are quoted as a spread over the central bank’s one-year policy rate. “China’s downward economic spiral continues, with the property market at its core,” Economists at Zurich said ...
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