China's deflationary spiral continues, with prices falling for six consecutive quarters, nearing a record streak last seen during the late 1990s Asian Financial Crisis. Policymakers in Beijing have committed to stronger measures to support growth and counter price declines, signaling urgency with unusually direct language. This economic challenge is compounded by geopolitical tensions, as Donald Trump’s return to the White House looms. The US president-elect has proposed a 60% tariff on Chinese exports, a move that could severely impact bilateral trade. These combined pressures pose significant risks to China's economic stability and recovery efforts. Continue here.
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