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World News@lemmy.mlEnglish • 4 months ago

China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says

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world@lemmy.world

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China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says

@schizoidman@lemm.ee to

World News@lemmy.mlEnglish • 4 months ago

cross-posted to:
world@lemmy.world

"Don’t people like it when things are cheaper?" Chinese President Xi Jinping reportedly asked his advisers.

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@scarabic@lemmy.world
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1•4 months ago
Line go up. But that appears to be a GDP graph, not a chart of purchasing power. Am I missing something?
- Cowbee [he/they]
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  2•4 months ago
  This is adjusted for PPP, Purchasing Power Parity.