Why China’s Deflation Is More Dangerous Than High Inflation

2024

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Overview

"China’s economy is teetering on the brink of widespread deflation—a scenario that could cause even more problems than high inflation. Economists are afraid that deflation is happening in China like it did in Japan’s recession in the 1990s. "Like Japan in the ’90s, Beijing is also experiencing a real estate crisis. So how could this affect the U.S. and the rest of the world? "WSJ looks at Japan’s 'lost decade' to explain why China’s economy is struggling and what it means for the global economy."

Status: Released

Language: EN

Production Information

Production Companies

The Wall Street Journal

Quick Facts

Release Date	March 5, 2024
Status	Released
Language	EN

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