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China's shift from U.S. to domestic markets deepens deflation, risking jobs and profitability.
China faces deeper deflation as it shifts exports from the U.S. market to its domestic market due to trade tensions.
Goldman Sachs predicts China's retail inflation will drop to 0% in 2025, down from 0.2% in 2024, and wholesale prices will decline by 1.6%.
This move could lead to a price war, hurting profitability and potentially causing job losses, with 16 million jobs involved in U.S.-bound goods at risk.
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El cambio de China de los Estados Unidos a los mercados domésticos profundiza la deflación, arriesgando empleos y rentabilidad.