Mint Quick Edit | Is China’s deflation signalling stagnation?

News Snapshot:

As countries turn inward, the damage that trade reversals can do to economies may have begun to show in China. Its data shows it has replaced exports to the US with shipments elsewhere to quite an extent lately, but its demand weakness within seems to be getting worse. Also Read: Mint Quick Edit | Deflation is bad news for China’s economy On Wednesday, the country reported a 3.6% drop in producer prices this June, marking the biggest fall in about two years. Consumer prices edged 0.1% higher last month, but it also meant China was a whisker away from slipping...