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Economy 16:15, 13-May-2023
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Morgan Stanley economist: China does not have conditions for long-term deflation

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China does not have the conditions for long-term deflation, said Robin Xing, chief China economist at Morgan Stanley and China Finance 40 Forum Academy Committee (CF40) member, saying that China's economic recovery is still in its initial stages, and when business confidence fully recovers, people would find jobs, and salaries would rise, then only inflation may slowly creep upward. He has responded to market rumors that China's economy had fallen into deflation.

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