by winston » Mon Mar 10, 2025 7:56 am
Deflation threats grow in ChinaChina's consumer inflation in February fell at the quickest pace since January 2024, while producer price deflation persisted, as seasonal demand faded with households' cautious spending amid job and income worries.
The government will use ultra-long-term special treasury bonds of 300 billion yuan (HK$322.23 billion) to expand support for large-scale equipment upgrades and old consumer goods replacement.
Source: Reuters
https://www.thestandard.com.hk/section- ... w-in-China
It's all about "how much you made when you were right" & "how little you lost when you were wrong"