If China has dropped into deflation, as many now claim, one implication is that stimulus would succeed in driving a sustainable economic rebound. But evidence of deflation is weak, at best. This is another reason to believe that the economic slowdown so far will prove permanent.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services