[sgbuffett]

Deflation rarely happens but when it does it can down an economy for years and decades. The last major economy to experience deflation was Japan leading to an era called lost decade......

The longer you get deflation the hard it is to snap out of  it as it is a vicious cycle. Late in his term, Greenspan saw deflation building up. He described it as dangerous because economic theory and solution is well established for high inflation but not deflation. He quickly pull out all stops and killed deflationary tendency at its infancy.

Chjna has been reactjng very slowly allowing deflatikn to set in. Same mistake as Japan.

In economics allowing econkmy to slide jnto deflation is a deadly sin.


https://www.bloomberg.com/news/articles/...eak-demand

[sgbuffett]

Deflation explained 

[sgbuffett]

https://www.channelnewsasia.com/business...ll-4042556

[Omnipresent88]

Ahbutt the amdk arse lickers China to be fortune 500 is extremely tok kong hor

https://youtu.be/DX8mAgoe1-M?si=39UPM9enlUuMDIRR

https://media.tenor.com/DKk4Fbz8AoYAAAAM...inping.gif https://media.tenor.com/diOe5amhaZQAAAAM...inping.gif https://media.tenor.com/vyHTsEhBHjYAAAAM...onesia.gif

[ROFLMAO]

中国经济没有最惨 只有更惨!

[Omnipresent88]

Extremely triggered Ahmao the ultimate amdk arse lickers stooge’s pcc liao having orgasm song wai wai kau joo long liao lah LMAO

https://youtu.be/Ld0Ut2-f4mo?si=DS768FhpI5nrSzIO

https://media.tenor.com/dpSZDy4LaowAAAAM...ughing.gif https://media.tenor.com/W43w1W4vl6AAAAAM/haha-funny.gif https://media.tenor.com/vjnEDddwf0AAAAAM/lel-teeth.gif https://media.tenor.com/8UOifmZvn3cAAAAM...ughing.gif

[cityhantam]

CPI = - 0.3%

That is what many people, including Singaporeans, are so so envious about hor!

We kpkb about price increases here!

People all over the world kpkb about price increases! 

You kpkb about no price increases in China???

WTF!!!!??? 

[watchfirst9]

need two sides of the data, to learn China through the west media alone cannot tell the
whole story.

https://www.msn.com/en-us/money/markets/...r-AA1mQ3CF
BEIJING — China's annual exports fell for the first time in seven years in 2023, even as shipments in December beat expectations, customs data showed Friday.

Exports rose by 2.3% year on year in U.S. dollar terms last month, more than the 1.7% increase forecast by a Reuters poll.

Imports rose by 0.2% in December from a year earlier in U.S. dollar terms. That's slightly less than the 0.3% increase expected by analysts polled by Reuters.

But for 2023, exports fell 4.6%, the first such annual drop since a 7.7% decline in 2016, according to Wind Information.

https://english.news.cn/20240112/654914b...6af/c.html
The country's total imports and exports of goods expanded 0.2 percent year on year to 41.76 trillion yuan (about 5.88 trillion U.S. dollars) in 2023, the General Administration of Customs (GAC) said Friday.

Exports grew 0.6 percent year on year to 23.77 trillion yuan, while imports edged down 0.3 percent from a year earlier to 17.99 trillion yuan, the data showed.

the General Administration of Customs (GAC) v
Wind Information