About two years ago, in the aftermath of the COVID-19 pandemic, China’s economy hit a roadblock. As all sectors underwent deleveraging, economic...
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As China faces growing economic challenges, investors are being urged by a leading independent financial advisory and fintech to reassess their strategies in light of increasing deflationary pressures in the world’s second-largest economy. The message from Nigel Green, the CEO of deVere Group, comes as recent data from the National Bureau of Statistics indicates that China’s industrial producer prices fell by 1.8% year-on-year in August, marking the steepest decline in four months. This decline comes on the back of weakening sectors such as steel and agriculture and further underlines the broader concerns about the country’s sluggish economic performance. The recent figures
About two years ago, in the aftermath of the COVID-19 pandemic, China’s economy hit a roadblock. As all sectors underwent deleveraging, economic...
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