
China’s Consumer Prices Plunge Again, Sparking Deflation Concerns Amid Weak Demand
The Deflationary Challenge in China: Causes, Impact, and the Road Ahead China’s economy is wrestling with a persistent deflationary trend that has persisted well into 2024 and 2025, marked by falling consumer and producer prices for extended periods. This sustained drop—unusual for an economy of China’s scale—reflects deep-rooted structural problems, external pressures, and shifting domestic…