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@schizoidman@lemm.ee to World News@lemmy.mlEnglish • 6 months ago

China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

fortune.com

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China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

fortune.com

@schizoidman@lemm.ee to World News@lemmy.mlEnglish • 6 months ago
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  • cross-posted to:
  • world@lemmy.world
"Don’t people like it when things are cheaper?" Chinese President Xi Jinping reportedly asked his advisers.
  • Cowbee [he/they]
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    10•6 months ago

    You can check the real wages and purchasing power parity, moreover more than doubling earnings is a large feat.

    • @scarabic@lemmy.world
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      1•5 months ago

      Could you point out the purchasing power data? It’s a 93 page report and I don’t see any heading on that in the table of contents.

      • Cowbee [he/they]
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        fedilink
        1•5 months ago

        Line goes up.

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