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China’s Economy Is in a ‘Silted’ Deflation With Industrial Growth Hampered by Global ‘De-Risking’

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China’s Economy Is in a ‘Silted’ Deflation With Industrial Growth Hampered by Global ‘De-Risking’
A couple walk past the headquarters of Bank of China, the country's second-largest lender in Beijing, China, on June 28, 2006. China Photos/Getty Images
David Chu
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News Analysis

China’s economy has been mired in a sort of “silted” deflation: on the one hand, the country’s industrial growth has been stagnant as a result of the G-7-led global “de-risking” strategy against the Chinese Communist Party (CCP); on the other hand, Beijing’s move to increase the money supply has failed to help boost the economy as money is not flowing to people and consumption is still sluggish.

David Chu is a London-based journalist who has been working in the financial sector for almost 30 years in major cities in China and abroad, including South Korea, Thailand, and other Southeast Asian countries. He was born in a family specializing in Traditional Chinese Medicine and has a background in ancient Chinese literature.
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