A man sells food in a wet market in Shanghai on January 11. China has a long history of high inflation and the recent two decades of low inflation is really an aberration. Photo: EPA-EFE
A man sells food in a wet market in Shanghai on January 11. China has a long history of high inflation and the recent two decades of low inflation is really an aberration. Photo: EPA-EFE
Joe Zhang
Opinion

Opinion

Macroscope by Joe Zhang

Why China may finally become an exporter of inflation

  • A deflationary force to its trading partners for a long time, China has kept inflation in check largely because of its pool of cheap labour
  • But urbanisation is slowing, population growth is collapsing and addressing rampant inequalities is on the government’s agenda

Joe Zhang
Joe Zhang

Updated: 2:30pm, 9 Feb, 2022

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A man sells food in a wet market in Shanghai on January 11. China has a long history of high inflation and the recent two decades of low inflation is really an aberration. Photo: EPA-EFE
A man sells food in a wet market in Shanghai on January 11. China has a long history of high inflation and the recent two decades of low inflation is really an aberration. Photo: EPA-EFE
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