China's Economy Sinks Further, Slips into Deflation | Vantage with Palki Sharma

China's Economy Sinks Further, Slips into Deflation | Vantage with Palki Sharma

China's economy has slipped into deflation. Consumer demand has decreased and production is set to sink. Amidst all this, Chinese officials are refusing to attend meetings. They are afraid of Xi Jinping's wrath. How will China's economic chaos impact the rest of the world? Palki Sharma tells you.​

Chinese Economy | Deflation | Xi Jinping | Global Trade | Firstpost | World News | Vantage | Palki Sharma

#china #chineseeconomy #deflation #xijinping #globaltrade #export #palkisharma #firstpost #vantageonfirstpost #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[-Pamela]

One major factor was left out is that we are seeing global inflation. I saw it in the news that most countries are all competing for parts, products food etc. Even nations that managed their rates better are seeing major issues. The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role. Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare. I known the intention was to explain inflation but that doesn't do justice to the current inflation on a global scale.

[youroop]

China just completed their own space Station something even usa hasn't accomplished yet. 😂😂😂

[marcialevein]

China can't stop them 🇨🇳🇯🇲👍 keep dreaming palki you won't see them fall

[silentwatcher]

Nothing to worry. China will not become another India for sure.

[davidndahura]

China to fall is a joke, they will get better with time.

[themagiclamp]

Its hilarious how envious India is of China. All of the Indian news always talks about China this China that. China is actually doing great and instead of trying to bring it down, India should try to be better as well

[makuohua]

Finally The Goddess Palki Sharma is awakens to spoon feed Indians morning Breakfast in passions .

[ongchinlam]

Why. How come UK colonies India for 2 hundreds years why why why.

[nagindersahota]

The wonderful thing about Palki is that she explains the technical terms used in her report. And therefore if you’re someone who has no clue it’s still easy enough to follow!

[michaelquan]

mmmh it's more like India economy is sinking...

[mykegoh]

Since when deflation is bad? Things getting cheaper is bad? As usual, just assuming it's bad. 😂😂😂😂😂

[zakjuly]

We Chinese are suffering from Deflation, which is the opposite of inflation, Food to electronic goods is so cheap and i have too much money in my bank account, i am also getting fat 😢 i hope this doesn't happen in starving India ...

[nmew]

Year 2000
China GDP: USD1, 211 Trillion
World GDP: USD 33, 84 Trillion
China share of world gdp: 3, 57%
3, 57% is exactly what India share of global gdp in 2023
India is 23 years behind China.

[davidhoang]

It's seem India having the green eyes with it neighbours.

[mt]

India is thriving. Economy is very good. No more people going hungry.
Why are you so worry about China?

[YoMamaRice]

American economy tanked too but no one’s talking about that either

[louistan]

There is "Deflation" and Deflation. There are different kinds of "Deflation". One is where the people have become poor because of their government's misgovernance and the lack of social support system such as Japan that has suffered 40 years of Deflation. Another is a high-saving population that immediately cuts expenditures at the slightest concern over global economic developments, which is China. "Deflation" in China is a good reminder that the sun doesn't shine every day. A dose of hardship brings about reality. But the sun will soon shine brightly again and the Chinese population will be ready.

[szakacsfulop]

The main thing is that India is many years behind China. No wishful thinking tabloid news show can change

[bohnam]

This Palki's story is targeting people who hate China to feed their ego, but it has nothing to do with reality. The question is how that fallen CPI of 0, 3% will affect China's economy in Q3 and Q4, and what will be CPI in Q3 and Q4, will it continuing to fall or it will rise, then from that point we will have the whole picture of China's economy for the year 2023. Since we don't know that yet, everything else is guessing.

[ahjotco]

To even match China today, India and Indians have to work hard for the next 40 years! 😅😅😅
Meanwhile the Chinese continues to prosper even more!
India has no way to even catch up with China!😅😅😅