Some top notch China reporting courtesy of the propagandists at FT ๐
Some top notch China reporting courtesy of the propagandists at FT ๐
According to an article in The Financial Times, declining electric vehicle prices in China suggest a potential for "deflation."
However, this assertion is directly at odds with a study conducted by the Bank of International Settlements (BIS), which examined 140 years' worth of data across 38 different economies and found that the connection between deflation and economic contraction is "weak".