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‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence

'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence

BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)

Vcg | Visual China Group | Getty Images

Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a “very painful economy,” according to one analyst who covers the country.

“This is something investors need to be…


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