Beijing, March 9, 2025 (AFP) - China consumption slump deepens as February prices drop

NAMPA / AFP

2025-03-09

Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kickstart spending and trade headwinds intensifying as US tariffs kick in under Donald Trump. Consumer spending in China has been mired in a slump since the end of the pandemic, fuelling fears of a deflationary spiral. Adding to the pressure is a second term as President Trump, who has since taking office in......

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