China’s Consumer Prices Drop at Fastest Pace Since Global Financial Crisis

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Consumer prices in China fell last month at the fastest pace since the global financial crisis. The producer price index also fell. Helen Qiao, chief Greater China economist at BofA Global Research, discusses what the latest figures say about the state of the economy and its outlook. She speaks on “Bloomberg Markets: China Open.”

You can find out more on the story here: https://www.bloomberg.com/news/articles/2024-02-08/china-s-consumer-prices-drop-at-fastest-pace-since-2009?srnd=premium-asia
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46 COMMENTS

  6. China, with its hard working citizens, would be able to get through all these manipulation and bashing China series from that unscrupulous nation.

  7. CCP and Xi are more concerned about their power and control of people in China, the history tells all. Western countries just realized that. Decoupling is the way to go. Things in China won’t change for a long time

  13. Is there a strategy for US companies to leave but until they have exited with minimum losses the ‘reporters’ are not allowed to say just how bad things are and are going to get?

  16. You can't fix a Ponzi Scheme, and the thieves will not return the money. China, The Chinese thought they were superior and loved money, and they're about to lose them both. No sympathy here.

  17. AS PRESIDENT PUTIN SAID, WHY ARE THEY SO OBSESSED WITH TELLING THE WHOLE WORLD WHAT TO DO. WHY CAN'T THEY FOCUS ON FIXIING THEIR DOMESTIC PROPBLEMS? WE NEED TO FOCUS ON AMERICA.

  18. CHINA IS BEEN COLLAPSING FOR THE LAST THIRTY YEARS. I THINGK ITS TIME WE GIVE THIS NONSENSE A REST. THE CHINESE ECONOMY OUTPERFORMED EVERY WESTERN ECONOMY AT 5.2%. CHIAN HAS A TRADE SURPLUS OF 1 TRILLION DOLLARS A YEAR AND AROUND 18 TRILLION IN DOMESTIC SAVINGS AND A NATIONAL DEBT OF 12. 5 TRILLION CHINA MADE IT CLEAR THAT THEY ARE NOT GOING TO BAIL OUT INVESTORS WHO TOOK STUPID GREEDY RISKS IN THEIR REAL ESTATE SECTOR. THE CHINESE ARE DOING CONTROLLED DEMOLITION ON THEIR PROPERTY SECTOR TO PUT AN END ON SPECULAION IN ANY SECTOR IN CHINA. THEY WANT AN ECONOMY BASED ON SOLID FOUNDATIONS GROWING AT 5% WE ARE GOING TO ALLOW THE ARKET TO BOTTOM OUT SO WE CAN PUT AN END OF SPECULATATION. PRESIDENT XI HOUSES ARE FOR LIVING NOT SPPECULATION. MOVING FOWARD I BELIEVE CHINA WILL HAVE A VERY STABLE ECONOMY BASED ON REAL ECONOMIC PRODUCTIVITY NOT MASSIVE CONSUMER SPENDING TO PROJECT POSITIVE GDP GROWTH.

  19. THE U.S GOVERNMENT SPENDING 500 MILLION A YEAR IN PROMOTING LIES ABOUT CHIAN. AS AN AMERICAN CITIZEN WHO LOVES MY COUNTRY, IF WE THINK WE ARE GOING TO DOMINATE THIS CENTURY WITHOUT MASSIVE INVESTMENT IN OUR INFRSTRUCTURE, AFFORDABLE, EDUCATION, HOUSING, MANUFACTURING, AND HEALTH CARE WE ARE SIMPLE DELUSIONAL. THE BELIEF IN THE WEST AS HAS BEEN FOR THE LAST 300 YEARS IS ANY SYATEM POLITICAL OR ECONOMIC THAT DOES NOT FOLLOW THE WESTERN SCRIPT IS NOT SUCCESSFUL. WE HAVE A NATION WHERE 20% NOW OWNS 84% OF OUR NATIONS WEALTH AND POVERTY IS INCREASING EVEN IN SURBURBIA, WITH OUR CREDIT DEBT AT OVER 1 TRILLION DOALLARS IN AND GOVERNMENT DEBT AT 34 TRILLIN DOLLARS. CRUMBLING INFRASTRUCTURE, HOMELESSNES ENCAMPMENTS IN ALMOST EVERY CITY, CRIME ON THE RISE, GUN VIOLENCE OBSESSED WITH CHINA IS INSANE.

  27. Chinese leadership wants a consumer based economy that includes both stable markets and homegrown innovation. However, it isn’t willing to do what it takes to get there, chiefly implement healthy monetary and fiscal policy at every level of government, legislate regulation of banks, getting rid of entities that are too big to fail, enable fair competition, move away from reliance on real estate – right now that means dig themselves out from trillions USD in untenable debt in the private and public sectors and legislate structural amends, forbid local governments from selling real estate as a revenue stream, eliminate corruption and restore trust in government, support small business owners, relinquish the CCP’s control over commodities in favour of free markets in key areas, and support every citizen with adequate labor protections, realistic minimum wages, healthcare, education, affordable housing and transportation.
    What a list! Putting it simply, history is repeating itself in that authoritarian rule of a country as large and as complex as China leads more often than not to instability, civil unrest, and war with other countries, as does authoritarian rule in almost any country but much more so in larger countries.

  37. As Israel China relations, in Africa, have garnered Israel obscene amounts of treasures, why is China languishing in reporting from that return on investment. Has it been a failed policy, for China, and an absolute endless riches supply for Israel, and the nations under the Israeli hegemony cartels? Surely, China is losing massive amounts of revenue from the Suez being out of commission, you can't blame all of that on the moon, lol. Where's the pressure from China for Israel to fall in line, UK and US, and others, are being attacked to keep the Suez open, and 99% of that must benefit China, no?

  38. I don't really understand, as an ordinary person, do I prefer my life savings being eroded by double-digit, skyrocketing inflation caused by unlimited printing of money, or do I prefer stable and steady prices, as being criticized in this video?

  43. Infrastructure investment. Its not worth it and itll be debt. If Xi wasent so anti consumerism Id say boost consumer demand or simply give a little money to the poorest, that will boost the economy.

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