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How China’s economic pain will help US Fed rate cuts

Asia’s largest economy, not long ago considered a contender to supplant the US, is having a rough patch. Growth has struggled after the pandemic, foreign investment is waning, and real estate companies are failing. But the most pernicious development has been deflation. It will help drive inflation down around the world

Daniel Moss
February 19, 2024 / 13:10 IST
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China, Asia’s largest economy, is having a rough patch.
Daniel Moss is a Bloomberg Opinion columnist covering Asian economies.
first published: Feb 19, 2024 11:43 am

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