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China’s Economy Is Slipping Into Deflation

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China’s Economy Is Slipping Into Deflation
A migrant worker crosses a road after arriving on a long-distance bus in Beijing on March 10, 2021. Greg Baker/AFP via Getty Images
Antonio Graceffo
Updated:
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Commentary
China’s consumer prices are flat, while producers are hit with rising costs, and workers are facing lower wages and a tighter job market.
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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