China's economic slowdown is causing concerns globally, with a significant impact on trade and financial markets. China's imports have fallen for nine out of the last ten months, affecting countries in Africa and Asia. The country's deflation, with falling producer prices, is beneficial for countries battling high inflation, but a prolonged slowdown could harm the global economy.
from Times of India https://ift.tt/lg7rTiQ
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Tuesday, 29 August 2023
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'Ticking time bomb': China’s economic slump is sounding alarm bells across the world
'Ticking time bomb': China’s economic slump is sounding alarm bells across the world
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