China's Stagnant Inflation and Youth Unemployment Woes Amplify Economic Concerns
Keywords:
China, Economic Growth, Consumer Price IndexAbstract
China's economic landscape faces two pressing challenges as consumer inflation stagnates and youth unemployment reaches alarming levels. These issues intensify worries about deflation risks and prompt discussions regarding potential economic stimulus measures. While China's consumer price index (CPI) showed no change in June compared to the previous year, factory-gate prices continued to decline. These contrasting trends stand in stark contrast to the United States and Europe, where persistently high inflation suggests imminent interest rate hikes.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 IndraStra Global Publishing Solutions Inc.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.