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    <title>Tony Zhao - South China Morning Post</title>
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    <description>Tony Zhao is a freelance contributor based between Beijing and London. He studied politics and philosophy at the London School of Economics and Political Science, and comparative political economy at the University of Oxford. His interests span geopolitics, international trades and the Chinese economy.</description>
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      <author>Tony Zhao</author>
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      <description>China may finally have a chance to loosen the grip of deflation. Yet, the more important question is whether it can do so without making households feel poorer first.
The latest producer price index (PPI), which measures the prices factories charge, brings that possibility back into serious debate. China’s March PPI rose by 0.5 per cent year on year, ending 41 months of decline; it was up 1 per cent from February. After years of weak prices, cautious household spending and squeezed corporate...</description>
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      <pubDate>Sun, 10 May 2026 08:30:04 +0000</pubDate>
      <title>Can China engineer a price recovery that doesn’t make people feel poorer?</title>
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