Deflation is often misunderstood as a positive economic phenomenon due to the immediate benefit of lower prices for consumers. However, it represents a prolonged decline in the general price level of ...

TOKYO -- With the stock market plunging to 16-year lows, talk of deflationary dangers and a morass of confusion in its political leadership, Japan appears to be headed toward a serious economic crisis ...

China’s consumer-price growth accelerated to the fastest in over a year as food costs rose sharply higher, an improvement ...

Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can benefit from falling prices, persistent deflation can also lead to a ...

During his Nov. 13 visit to Tokyo, U.S. President Barack Obama emphasized that Japan, as the world’s second largest economy, has a special role in the global marketplace. One week later, it’s becoming ...

BEIJING -- When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and the ...

China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments. But officials still haven’t convinced economists that ...

BEIJING, Dec 3 (Reuters) - China is likely to stick to its current annual economic growth target of around 5% next year, ...

Headwinds in China are well-documented, but more turmoil could come if policymakers don't act soon. Economists at the IIF say Beijing still has the capacity to provide stimulus in 2024. But a lack of ...

Musk sees a future where AI reshapes work and productivity, predicting rapid deflation, talent scarcity and a world where ...