Yahoo Finance|1 minute read
China's Factory-Gate Deflation Deepens Amid Trade War Turmoil
TL;DR
China's factory-gate deflation is deepening, driven by the relentless pressures of the trade war. Key points include:
- Factory-gate prices have been falling, signaling economic strain.
- The impact of the trade war is evident in reduced demand and increased production costs.
- Experts warn of potential long-term consequences for China's economy and global markets.
Here's the full scoop.