@[email protected] to World [email protected] • 11 months agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square92fedilinkarrow-up1193arrow-down117
arrow-up1176arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.com@[email protected] to World [email protected] • 11 months agomessage-square92fedilink
minus-square@emergencyfoodlink9•11 months agoAfter the 2008 financial crisis, the Chinese government and state-owned banks pumped something like a trillion dollars into the economy, cushioning the impact of the recession. That was one thing they actually got right.
After the 2008 financial crisis, the Chinese government and state-owned banks pumped something like a trillion dollars into the economy, cushioning the impact of the recession. That was one thing they actually got right.