China’s Deflation – GS Paper 2 – International Relations - ENSEMBLE IAS ACADEMY: China’s Deflation The second-largest economy in the world experienced deflation in July, when consumer prices fell 0.3% from a year earlier. China's deflation coincides with substantial youth unemployment—more than one in five of those between the ages of 16 and 24 are unemployed. The country's economic activity peaked earlier than anticipated once the viral limitations
China’s Deflation – GS Paper 2 – International Relations - ENSEMBLE IAS ACADEMY: China’s Deflation The second-largest economy in the world experienced deflation in July, when consumer prices fell 0.3% from a year earlier. China's deflation coincides with substantial youth unemployment—more than one in five of those between the ages of 16 and 24 are unemployed. The country's economic activity peaked earlier than anticipated once the viral limitations
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