Falling prices in China could be a blessing in disguise for the world economy's ongoing fight against inflation

Tech Insider : Economy
NANJING, CHINA - AUGUST 9, 2023 - Customers shop for vegetables at a supermarket in Nanjing, Jiangsu province, China, August 9, 2023. On the same day, data released by the National Holiday Statistics Bureau showed that in July 2023, the national consumer price fell by 0.3% year-on-year. (Photo by Costfoto/NurPhoto via Getty Images)
Customers shopping at a supermarket in Nanjing, China.

Costfoto/NurPhoto via Getty Images

A rift is growing between Xi and Putin after Russia mocked a Ukraine peace plan backed by China

Tech Insider
Xi Jinping and Vladimir Putin sitting at a conference table with Russian flags in the background.
Russian President Vladimir Putin and China's leader Xi Jinping deliver a joint statement following their talks at the Kremlin in Moscow in March.

MIKHAIL TERESHCHENKO/SPUTNIK/AFP via Getty Images

An oversupply-led plunge in pork price has pushed the Chinese economy into deflation

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Pork
Hogs are raised at Old Elm Farms, a fifth generation family farm, on May 5, 2020 near Sycamore, Illinois.

(Photo by Scott Olson/Getty Images

China slips into deflation, fueling more calls for economic stimulus

Tech Insider : Economy
A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023.
A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023.

Pedro Pardo/AFP via Getty Images

Millennials and Gen Zers in Asia don't want to work in factories. It means you could soon pay more for clothes, furniture, and toys.

Tech Insider : Economy
On the Money-Toy Shopping
Americans are used to cheap toys made in Asian factories.

AP Photo/Bebeto Matthews

China's economy is sputtering as the nation's exports hit their lowest level in over 3 years

Tech Insider : Economy
forbidden city china

Shutterstock.com

China's property sector is in dire straits as yet another developer reportedly runs into trouble

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china real estate
A man walks outside a property agency featuring posters of the latest high-rise apartment buildings in Hong Kong February 13, 2015.

Tyrone Siu/Reuters

Japan's military is thinking about how to drop long-range cruise missiles from its biggest panes

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Japan Air Self-Defense Force Kawasaki C-2 airdrop Palau
A Japan Air Self-Defense Force Kawasaki C-2 drops a package on Angaur in Palau in February 2021.

US Air Force/Staff Sgt. Ryan Brooks

China's July exports contracted the most since the start of the pandemic. It shows a tough external market for the world's factory when it needs it the most.

Tech Insider : Economy
China factory
China's post-COVID has been hit by falling demand both domestically and internationally.

CFOTO/Future Publishing via Getty Images

Elon Musk's Chinese doppelgänger posted a new shirtless boxing video, and now the real Musk is once again wondering if his Asian lookalike could be a real person

Tech Insider
Elon Musk (left) and his Chinese doppelgänger, Yilong Ma (right).
"Still don't know if real or AI-generated," Elon Musk (left) said in response to a video of his Chinese doppelgänger (right).

Chesnot via Getty Images; MaYiLong/TikTok

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