China's economy on cusp of a deflationary death spiral

China's economy on cusp of a deflationary death spiral

China is sliding deeper into economic weakness that is being worsened by its response to external shocks.  Tariffs are drying up international demand for Chinese goods, and in a bid to keep factories alive, Beijing is urging exporters to turn inward. However, that pivot is compounding the very problem it aims to solve. Chinese authorities […] The post China’s economy on cusp of a deflationary death spiral appeared first on Asia Times.