I’m Tom Hancock, a senior reporter in Hong Kong. Today I’m looking at what deflation in China means for the world. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
China’s latest consumer and producer price indexes were both negative for the first time since 2020 in July, confirming the country is in deflation.