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This country's economy is stagnating. The prices of goods are plummeting. While most of the world’s economies are battling inflation, they have a different problem, one that could be much worse. Their economy is experiencing deflation. This is both good and bad news for the world. Good because it means their products are becoming cheaper, and bad because deflation may lead to a collapse of the second-largest economy on the planet. | The Infographics Show
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7.5K views · 166 reactions | For the first time since 2021, both consumer and producer prices have contracted in China, a telltale sign of deflation as demand weakens in the world's second-largest economy. @AnanyaDutta97 tells you more Watch more: wionews.com/videos | WION | Facebook
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