Bloomberg says deflation on the ground is deeper than official data in China

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https://www.bloomberg.com/graphics/2025-china-deflation-cost/

BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried.

Natixis’ study of 2,500 listed Chinese companies reinforce how volume is growing while value is being hurt by deflationary pressure, Alicia Garcia Herrero, the firm’s chief economist for Asia-Pacific, said on a webinar Friday. “You can see it sector by sector, company by company.”

https://www.cnbc.com/2025/07/11/chinas-deflationary-slide-worsens-as-companies-spiral-into-price-wars.html

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