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China’s Deflation Risks Deepening, Expert Warns
China faces deepening deflation risks due to excess capacity and plummeting property prices, according to Lazard chief market strategist Ronald Temple. He anticipates that China will “continue to endure” Producer Price Index (PPI) deflation and “flirt with deflationary territory” regarding the Consumer Price Index (CPI) in the short term. Temple doesn’t foresee a sustained positive return for consumer inflation until 2026. Lazard is a global financial advisory and asset management firm that provides advice on mergers, acquisitions, restructuring, capital solutions, and asset management to corporations, ... (full story)
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