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Exporting Crisis from China

Monday, September 16, 2024

China’s economic crisis has the potential to spread around the world. It can kill industries and manufactured goods in many countries.

arsip tempo : 176853549392.

Ilustration by Alvin Siregar. tempo : 176853549392.

CHINA’s economy is slumping, sinking deeper into a deflationary cycle. The rest of the world cannot afford to underestimate the problem and shrug it off as solely China’s problem. China’s economic downturn can spread as fast as the Covid-19 pandemic and disrupt many countries, Indonesia included. 

Let us examine the numbers. China’s producer price index has been negative for the past 23 months, falling by another 1.8

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Yopie Hidayat

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