China exports deflation to the world
China In Context - Un pódcast de SOAS China Institute - Martes
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China is coming to terms with a worrying symbol of economic decline: deflation. Falling prices are linked to a slump in the property market and a decline in exports, hitting many businesses hard. In this podcast, Duncan Wrigley, Chief China Plus Economist at Pantheon Macroeconomics explains why this represents a problem for the global economy. The host is regular presenter, Duncan Bartlett.
