William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Opinion
China's deflation problem won't go away by itself
Beijing seems instead to be prioritizing yuan stability
PBOC Gov. Pan Gongsheng in Morocco in October 2023: The China deflation narrative would be getting less oxygen if the central bank were perceived to be doing its job. © Reuters
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