Chinese economy slips into deflation as recovery falters and demand slows
www.theguardian.com
Consumer price inflation data shows prices fell by 0.3% year-on-year in July
  • gnuhaut@lemmy.ml
    63·
    2 years ago

    I mean, if it discourages people from buying new fridges when their old one still works that’s good actually. A fridge that gets thrown out is just a waste, it’s only due to braindead capitalist logic that this looks like growth.