China’s economic situation has become quite serious, and now it is being compared with Japan’s old situation, where it was facing the problem of deflation for many decades. Today China may also be forced to take the same path if it does not take immediate steps to improve its economic challenges.

The biggest matter of concern for China is that it has been in deflation for the last 6 quarters. This is very dangerous for the economy because it reduces the price of goods and services, which is the opposite of inflation. China’s working force is also declining, and foreign companies shifting their business to other countries is also proof that people are fleeing China.

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