“Italy intends to leave China’s Belt and Road Initiative, defense minister says“
https://www.politico.eu/article/italy-leave-belt-and-road-initiative-china-minister-guido-crosetto/
Peak China
“While Everyone Else Fights Inflation, China’s Deflation Fears Deepen”
“Some economists see parallels between China and Japan, where growth stagnated and prices fell for years”
“Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.
While the rest of the world tussles with inflation, China is at risk of experiencing a prolonged spell of falling prices that—if it takes root—could eat into corporate profits, sap consumer spending and push more people out of work. Its effects would ripple across the globe, easing prices for some products that countries like the U.S. buy from China, but would also deprive the world of important Chinese demand for raw materials and consumer goods, while also creating other problems.”