Chinese Economy

China’s Economy Takes Another Hit As Exports Fall 14% In July.

In July, China’s exports fell by the most in more than three years as global demand slumped, putting additional pressure on Beijing to find measures to revitalize the world’s second-largest economy.

China’s consumer and producer prices fell together for the first time since 2020, a deflation cycle that could give global central banks some help in fighting inflation in their own countries but signals a worsening outlook in the world’s No. 2 economy.