China risks falling into a vicious cycle of deflation and debt, Morgan Stanley economist says

10/13/2023, 4:47 PM
businessinsider.com

China risks falling into a vicious cycle of deflation and debt, Morgan Stanley economist says

REUTERS/Jason Lee

Officials in Beijing need to apply a more forceful approach in reversing deflation or risk worsening the problem, Chetan Ahya, Morgan Stanley's chief Asia economist, wrote for the Financial Times.

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