Ziney | China sees $157B rout in consumer stocks as price wars, lack of confidence, and weak income growth take their toll: 'No player is immune'

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China sees $157B rout in consumer stocks as price wars, lack of confidence, and weak income growth take their toll: 'No player is immune'

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2024-01-14 18:00

China sees $157B rout in consumer stocks as price wars, lack of confidence, and weak income growth take their toll: 'No player is immune'

Weak demand is leading to a deflationary environment, affecting everything from electric vehicles to fast food.

https://fortune.com/asia/2024/01/14/china-economy-consumer-stocks-rout-price-wars-lack-of-confidence-weak-income-growth-deflation/

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