Xi Has Deflation
Deflation is a taboo topic in China. You're not supposed to talk about it. Especially not with foreigners.
In fact, according to a somewhat unnerving account published this week by Bloomberg, you're not supposed to talk about much of anything anymore, unless it's "Xi Jinping Thought." Apparently, some state employees are now compelled to complete course work in the art of "secret keeping."
China's inward turn at a critical juncture for geopolitics and the domestic economy seems tragically iron
I hope Xi is not an adherent of the old yarn about war being good for the economy.
He has a perfect model with the US about what fiscal stimulus can do.
Well someone is learning from the US to publicly declare recent price trends as “transitory.” Hope that works out better than it did here.