Shift in Chinese retailers' strategy risks entrenching deflation

Shift in Chinese retailers’ strategy risks entrenching deflation By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Clients store garments at a stall inside a wholesale market in Beijing, China September 8, 2023. REUTERS/Tingshu Wang/File picture By Sophie Yu and Brenda Goh BEIJING (Reuters) – A shift in Chinese language retailers’ technique towards lower-priced items and companies to win cost-conscious customers dangers embedding the nation’s latest deflationary developments…

Read More