China’s economy has suffered from slow consumer spending and a slump in the real estate market. The unpredictable trade war with the United States risks further economic problems, but the current pause in tariff increases plus persistent stimulus from Beijing are keeping the worst outcomes at bay.
Causes and consequences of China’s contagious case of deflation
First published: ft.com, 24/12/2014
Monetary policy might not be enough and governments may be forced to step in
The 50 per cent fall in oil prices this year is self-evidently good news for all but oil-producing states,