barrons

Opinion: China’s Deflation Could Go Global, Fast Barrons

Much is being made of the China-driven price war upending the electric vehicle universe. Sticker shocks emanating from electric-vehicle giant BYD alone have Elon Musk practically begging for fresh tariffs, lest China “demolish” Tesla and its ilk. Yet this upheaval in the EV space is a microcosm of corporate America’s 2024 as Chinese deflation intensifies. …

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