Chinese Deflation

NPR's Vicki O'Hara reports that China is trying to deal with a stubborn deflation that some economists say has caused recession in the region. China has said repeatedly it would not devalue the yuan and has launched a state spending spree on infrastructure to compensate for flagging exports and weak consumption. But economists believe there will be a devaluation in the first quarter of next year because of the disparity in the Chinese economy.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from