RandAlThor@lemmy.ca to World News@lemmy.ml · 1 year agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square124fedilinkarrow-up1155arrow-down115
arrow-up1140arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor@lemmy.ca to World News@lemmy.ml · 1 year agomessage-square124fedilink
minus-squareemergencyfood@sh.itjust.workslinkfedilinkarrow-up4·1 year agoAfter the 2008 financial crisis, the Chinese government and state-owned banks pumped something like a trillion dollars into the economy, cushioning the impact of the recession. That was one thing they actually got right.
After the 2008 financial crisis, the Chinese government and state-owned banks pumped something like a trillion dollars into the economy, cushioning the impact of the recession. That was one thing they actually got right.