China’s deflectionar slide is worse as firms such as a spiral company in price wars

Beijing – From coffee to cars to real estate, China has a repetitive example in China: companies run in an industry, then apply discounts to stay inside. Economists are concerned.

The Chinese company listed in the cost of Natixi, the cost of the deflation, the chief economist of Asia-Pacific, Chief Economist Herrero, Senior Economist Herrero, where the company’s chief economist, can see the sector by the company’s sector. “

“You pay a high price you have on the surface, the judge, but you have a deep price,” he said. “You didn’t get income to continue.”

Reflection of the expansion of the impact, Consumer prices fell by 0.1% In the first six months of the year a year ago, the manufacturer of factory gate prices It decreased by 2.8%The formal data indicates. At that time, 48 manufacturers’ price is only seven than seven, 37 consumption price components from subcategories.

It is fierce and often productive competition was described as “presence” in China. The government called on the term in the last policy documents to make efforts to resolve the trend.

Trend, technologies and products are more favorable products, which also stressed the disorders of a bad age that forced the enterprises to cut more work.

“In the incentive, the Chinese economy feels colder than the hood,” Larry Hu, Macquarie’s head of Macquarie “Macquarie said,” One Pay “expanses the workmen of” one share “in 2024, the record is the slowest.

“A more fundamental perspective, both a habtural and ‘Chinese model’ is a feature and a mistake.” “Mass investment causes pricing wars and weak returns for shareholders. However, the intensive competition for politicians can help rise and trust self-confidence.”

China’s push to electric cars is the most obvious, Industry Giant BYD offers About 30% or more discounts This year and smartphone Xiaomi is unique The last SUV Below Tesla’s Model Y.

The US coffee giant starbucks, China with Chinese sales, as China maintained 30 yuan price ($ 4.20), a host of boutiques, sells up to 9.9 yuan.

Property owners working to increase prices in Beijing, Rayman Zhang, Rayman Zhang, Management Director for Northern China, Property Manager JLL, told the owners on Thursday. He noted that there is still insufficient demand – with little waiting for a turn in the near future.

The report of gross domestic product growth is expected in the second quarter of 5.2% in the second quarter of 5.2% per year on Tuesday. In the first quarter, it is more slow than a 5.4% increase, but in accordance with the national goal of an increase of about 5% for the year.

However, the second half of the year will probably show a more stressful picture, warned Jianwei XU, NATIS warned the chief economist for Great China. He also spoke in the vitinar of the Friday room.

“We are still making a profit for manufacturing companies, still decreasing,” he said. “(In the second half of the year) there will be more households under stress, because it will be more difficult to find.”

China’s highest leaders are expected to maintain an existing financial incentive at a high-level Policy Meeting of this month. In Beijing in March raised the country’s financial deficit to 4% – over 3% last year.

It should be noted that on July 1, Chinese President Xi Jinping, called the Commission of High-Level Financial and Economic Commission called Management of more “low price, irregular competition” According to the CNBC translation of the Chinese state media.

The official Qiushi magazine of the Judge Chinese Communist Party announced a number of measures that promote the standard government behavior to inform the information style and warning of serious economic damage to the demand for serious economic damage on July 1. The article has asked for high-level government meetings since the last few months.

“To achieve the goal of growth, Beijing will not have a choice but to open a large demand stimulus,” Hu said hu. “After that, developed domestic demand, material manufacturers and internet giants can relieve the price competition among the giants. However, it will be a long and painful process to absorb the existing capacity for manufacturers.”