China's Deflation and its Impact

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Which economic indicator declined in China in July for the first time in more than two years?

Export Data
Gross Domestic Product (GDP)
Unemployment Rate
Consumer Price Index (CPI) (correct)

What is the current state of China's economy?

Expansion
Deflation (correct)
Stagnation
Inflation

What is the main concern for the Chinese government due to the decline in consumer prices?

Reducing debt
Tackling local government debt
Addressing challenges in the housing market
Reviving demand (correct)

What recent data raised questions about the pace of China's post-pandemic recovery?

Import and export data (B) Signup and view all the answers

What is a challenge that China is currently facing in addition to deflation?

Record high youth unemployment (B) Signup and view all the answers

What is the cause of China's economy slipping into deflation?

Consumer prices declining in July for the first time in more than two years. Signup and view all the answers

What is the official measure of inflation in China?

Consumer Price Index. Signup and view all the answers

What challenges is China currently facing in addition to deflation?

Ballooning local government debt, challenges in the housing market, and high youth unemployment. Signup and view all the answers

Why is falling prices making it harder for China to lower its debt?

It leads to slower rate of growth and other challenges. Signup and view all the answers

What is the expected number of university graduates entering the Chinese job market this year?

11.58 million. Signup and view all the answers

What is the current state of China's economy?

China's economy has slipped into deflation. Signup and view all the answers

What economic indicator declined in China in July for the first time in more than two years?

The official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. Signup and view all the answers

What challenges is China currently facing in addition to deflation?

China is also tackling ballooning local government debt and challenges in the housing market. Signup and view all the answers

What recent data raised questions about the pace of China's post-pandemic recovery?

Weak import and export data raised questions about the pace of China's post-pandemic recovery. Signup and view all the answers

What is the expected number of university graduates entering the Chinese job market this year?

A record 11.58 million university graduates are expected to enter the Chinese job market this year. Signup and view all the answers

What economic indicator declined in China in July for the first time in more than two years?

The consumer price index (CPI) declined in July for the first time in more than two years. Signup and view all the answers

What challenges is China currently facing in addition to deflation?

China is also tackling ballooning local government debt and challenges in the housing market. Signup and view all the answers

What is the expected number of university graduates entering the Chinese job market this year?

A record 11.58 million university graduates are expected to enter the Chinese job market this year. Signup and view all the answers

Why is falling prices making it harder for China to lower its debt?

Falling prices make it harder for China to lower its debt because it leads to slower rate of growth and other challenges. Signup and view all the answers

What recent data raised questions about the pace of China's post-pandemic recovery?

Weak import and export data raised questions about the pace of China's post-pandemic recovery. Signup and view all the answers

China's Deflation and its Impact

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Questions and Answers

Which economic indicator declined in China in July for the first time in more than two years?

What is the current state of China's economy?

What is the main concern for the Chinese government due to the decline in consumer prices?

What recent data raised questions about the pace of China's post-pandemic recovery?

What is a challenge that China is currently facing in addition to deflation?

What is the cause of China's economy slipping into deflation?

What is the official measure of inflation in China?

What challenges is China currently facing in addition to deflation?

Why is falling prices making it harder for China to lower its debt?

What is the expected number of university graduates entering the Chinese job market this year?

What is the current state of China's economy?

What economic indicator declined in China in July for the first time in more than two years?

What challenges is China currently facing in addition to deflation?

What recent data raised questions about the pace of China's post-pandemic recovery?

What is the expected number of university graduates entering the Chinese job market this year?

What economic indicator declined in China in July for the first time in more than two years?

What challenges is China currently facing in addition to deflation?

What is the expected number of university graduates entering the Chinese job market this year?

Why is falling prices making it harder for China to lower its debt?

What recent data raised questions about the pace of China's post-pandemic recovery?

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