China’s Easing Deflation Is Just a Minor Reprieve, Experts Say

China’s Easing Deflation Is Just a Minor Reprieve, Experts Say
People walk at a shopping mall in Beijing on Jan. 16, 2024. Pedro Pardo/AFP via Getty Images
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News Analysis

China’s consumer price rebound in February—the first in six months—offers only temporary relief from deflationary pressures on the economy, experts say. They caution that the economy still faces challenges and urge policymakers to adopt a more proactive approach.