Realistically Calculating China's Economic Slump

FOR consumers, a fall in the price of various goods and services is definitely good news. But economists are more vigilant about the bigger picture when it comes to falling prices, especially if it reaches the point of deflation. When it goes on for too long, deflation can trap the economy in a stagnation or even a recession. Signs of the latter appear right now in China, the world’s second largest economy.

This trend started in April

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