China's coronavirus-battered economy is at risk of sinking into deflation, one of HSBC's top economists warns

China's coronavirus-battered economy is at risk of sinking into deflation, one of HSBC's top economists warns

Business Insider

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· China's economy could slip into deflation in coming months, a senior HSBC economist warned Tuesday.
· HSBC's chief China economist Qu Hongbin told Bloomberg TV in a phone interview Tuesday: "The bigger risk in China is not inflation, but instead deflation is the bigger risk."
· China's economy contracted in the first...

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