Wednesday, August 9, 2023

China suffers deflation as prices fall in July

CUE: Unlike most big economies that are suffering from IN-flation,

China is now experiencing DE-flation.

Prices are falling. … and that is bad news for the Chinese economy.

Here's Andrew Wood in Hong Kong to explain why...

IN: “The latest figures show

OUT: …Andrew Wood, Hong Kong.”

DURATION: 0:48

DOWNLOAD: http://www.fsnradionews.com/feeds/0809chinadeflation-aw-hk.mp3