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Deflation Risk Rises as China’s Economy Keeps Faltering

Just about every economic measure is trending down in China, and not surprisingly, deflation fears are mounting.
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Deflation Risk Rises as China’s Economy Keeps Faltering
Employees work on a drilling machine production line at a factory in Zhangjiakou in China’s northern Hebei Province on Nov. 14, 2018. STR/AFP/Getty Images
Rahul Vaidyanath
Updated:
Just about every economic measure is trending down in China, and not surprisingly, deflation fears are mounting. The China Beige Book (CBB) fourth-quarter preview, released Dec. 27, reported that sales volumes, output, domestic and export orders, investment, and hiring all fell on a year-over-year and quarter-over-quarter basis.

A much-weaker 2019 appears to be in the offing for China, but it’s not solely due to trade tensions with the United States. The domestic economy was already on weak footing and the CBB argues that government support is unlikely.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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