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Prices aren't just falling at a faster rate there, world's second economy is now falling apart.
Both producer and consumer prices in #china fell again in the month of May as global #recession continues to hammer the Chinese economy. Though central banks see only #inflation risks, the #deflationary economy is no longer a risk. This one goes a long way toward confirming it.
Eurodollar University's Money & Macro Analysis
Bloomberg: China Central Bank Governor Reiterates Stable Policy Stance
https://www.bloomberg.com/news/articles/2023-06-09/china-s-central-bank-governor-reiterates-stable-policy-stance
Reuters: China's property shares surge as investors bet on stimulus hopes…
The skinny
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