Calls Grow for China to Take Stronger Action Against Price Wars, Deflation, and Sluggish Demand
China: Beijing's recent efforts to control price wars may help alleviate deflationary pressures, but analysts caution that these measures do not adequately tackle the deeper structural issues facing the world's second-largest economy. This warning comes as the Chinese economy continues to struggle with ongoing structural challenges. Excess capacity in various sectors has kept both producer [...]