Contraction: As post-Covid recovery falters, China’s economy slips into deflation
Virendra Pandit New Delhi: The world’s second-largest economy, the People’s Republic of China (PRC), slipped into deflation in July for the first time in over two years as slowing domestic spending, and waning exports and imports, weigh heavily on the post-Covid economic recovery. The shock came a day after reports, quoting official data, emerged […]


