RandAlThor to World News@lemmy.ml · 1 year agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square93fedilinkarrow-up1216arrow-down117cross-posted to: [email protected]
arrow-up1199arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor to World News@lemmy.ml · 1 year agomessage-square93fedilinkcross-posted to: [email protected]
minus-squareemergencyfood@sh.itjust.workslinkfedilinkarrow-up8·1 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.