There’s a ‘silver lining’ to China’s ‘deflationary cloud’—they can ‘export’ lower prices to the West in a win-win scenario, according to Société Générale’s Albert Edwards – Canada Boosts
Whereas many economies worldwide are nonetheless coping with unruly bouts of inflation, China has the alternative drawback. The world’s largest economic system is beneath a “deflationary cloud,” Albert Edwards, Société Générale’s at all times opinionated and infrequently sardonic strategist defined in a Tuesday observe. That doesn’t sound like nice information, however Edwards, who isn’t precisely…
