China is experiencing deflation, with consumer prices dropping by 0.7% and producer prices decreasing by 2.2%. The surplus industrial capacity and reduced consumer spending are contributing to this downturn. Analysts worry that without government intervention, deflationary pressures might persist, impacting business earnings and economic growth.from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ipYzKrf
