China's CPI enters -0.5% deflation This year was difficult because of Russia, but from next year, Korea could be difficult because of China. Everything will be solved over time, but it seems that more risks than I thought are coming. I wonder if they can all go well.
November in China
Annual CPI -0.5%
[Before -0.2%, -0.2% expected]
Monthly CPI -0.5%
[Before -0.1%, -0.1% expected]
Annual PPI - 3.0%
[Expected -2.8% before -2.6%]
Monthly PPI -0.3%
[Previously. +0.0%]
The PPI fell further in November due to the price of raw materials, including crude oil and non-metals.
Economists are saying that once China enters a full-fledged recession, the economic situation in South Korea, which is greatly affected by the Chinese economy, will be even darker... In China, the problem of population decline is growing, especially men who are not getting married anymore. In China, there is also a growing number of strange feminist women. The market is changing rapidly, and the conflict between men and women seems to be getting very serious
I just hope our country will hold out well 🙏
And don't turn a blind eye to Chinese stocks...;; In particular, China has a lot of companies that do fraudulent accounting, so the bubble economy is worse than you think
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