-
@ Layer3.news
2025-05-05 03:40:01
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqauwyjzyxx00gsargpvdttg3ff3c3qhywgsc2h8kfuhhvn9d498dqzmd4lf
CHINA RISKS A SPIRAL INTO DEEPER DEFLATION AS IT DIVERTS U.S.-BOUND EXPORTS TO DOMESTIC MARKET
https://image.cnbcfm.com/api/v1/image/108140648-1746363480538-gettyimages-2209908079-img_6086.jpeg?v=1746363505&w=1920&h=1080
--
✍️ China's economy is facing deflationary pressures as the country's exporters struggle to divert sales to the domestic market due to high tariffs on US imports, leading to a price war and potential job losses.
--
👉 China's exporters are struggling to divert sales to the domestic market due to high tariffs on US imports
👉 Price war among Chinese firms is expected to erode companies' profitability
👉 Job losses and weak consumer demand are likely to worsen
👉 China's consumer price index has slipped into negative territory
👉 Producer price index has fallen for a 29th consecutive month
--
#ShengQiuping #YingkeZhou #ShanHui #ShenMeng #WangDan #TingLu #JustinYifuLin #DonaldTrump #Shenzhen #China #US #world
--
nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq6dhaz2ftru7ytwhmzj9sd09qrnruz9tu2lgrvk69m7c3fsdufqsqlpz4an