{"id":12288,"date":"2023-08-17T15:51:30","date_gmt":"2023-08-17T10:21:30","guid":{"rendered":"https:\/\/polscienceweb.com\/?post_type=web-story&#038;p=12288"},"modified":"2023-08-17T16:47:59","modified_gmt":"2023-08-17T11:17:59","slug":"china-has-entered-a-state-of-deflation-explained","status":"publish","type":"web-story","link":"https:\/\/polscienceweb.com\/index.php\/web-stories\/china-has-entered-a-state-of-deflation-explained\/","title":{"rendered":"China has entered a\u00a0state of deflation: Explained"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-video-0.1.js\" 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  padding: 6px 12px;\n                vertical-align: middle;\n                border-radius: 15px;\n                background: rgba(11, 11, 11, 0.6);\n                color: rgba(255, 255, 255, 1);\n                font-family: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Oxygen-Sans, Ubuntu, Cantarell, \"Helvetica Neue\", sans-serif;;\n                font-size: calc(4 * var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>China has entered a\u00a0state of deflation: Explained<\/title><link rel=\"canonical\" href=\"https:\/\/polscienceweb.com\/index.php\/web-stories\/china-has-entered-a-state-of-deflation-explained\/\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"Politics Science News\" publisher-logo-src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/06\/Politics-Science-News-90-\u00d7-90px-500-\u00d7-500px.png\" title=\"China has entered a\u00a0state of deflation: Explained\" poster-portrait-src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/cropped-deflation-china-2.jpg\"><amp-story-page id=\"08abf12c-d3e8-42ec-8973-b27b12f22c5a\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#b3793f\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ece95f1a-7268-4a34-b097-0bd038162361\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1.jpg\" alt=\"China has entered a\u00a0state of deflation: Explained\" srcSet=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1.jpg 1080w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-864x1536.jpg 864w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-768x1365.jpg 768w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-585x1040.jpg 585w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-576x1024.jpg 576w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-169x300.jpg 169w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:6.6343%;width:83.25243%;height:18.60841%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 1.7391304347826086% 1.7391304347826086% 1.7391304347826086% 1.7391304347826086%;background-clip:content-box;background-color:rgba(0,0,0,0.45)\" id=\"el-ab1fa89c-3344-4c1f-b145-cd50eef85cce\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.12299562682215745% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"color: #fff\">China Has Entered A&nbsp;State Of Deflation: Explained<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:2.42718%;top:64.88673%;width:95.14563%;height:32.20065%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.55)\" id=\"el-9d62b77f-56ee-44aa-a83b-c1fba590b5b9\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9207589285714286% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.0204081632653061% 2.0408163265306123%;color:#000000\"><span><span style=\"color: #ffbc35\">Deflation<\/span><span style=\"color: #fff\"> is when things you usually buy, like toys and clothes, become cheaper. It might seem like a good thing because stuff gets cheaper, but it can actually cause some problems for the economy.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"cd58e548-cf82-4dd4-8848-1436041796a2\" auto-advance-after=\"el-2e7973e5-0c41-4e56-a855-1597ac932802-media\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#655a57\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2e7973e5-0c41-4e56-a855-1597ac932802\">\n<div style=\"position:absolute;width:100.24691%;height:100%;left:-0.12346%;top:0%\" data-leaf-element=\"true\"><amp-video autoPlay=\"autoplay\" poster=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-copy-poster-1.jpeg\" artwork=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-copy-poster-1.jpeg\" title=\"China has entered a\u00a0state of deflation: Explained\" alt=\"China has entered a\u00a0state of deflation: Explained\" layout=\"fill\" noaudio=\"noaudio\" id=\"el-2e7973e5-0c41-4e56-a855-1597ac932802-media\"><source type=\"video\/mp4\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-copy-1.mp4\"\/><\/amp-video><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:3.8835%;top:63.75405%;width:92.47573%;height:32.20065%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.55)\" id=\"el-4ffbf3cd-4b7a-460d-92e4-bcb6e35e54fb\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9473425196850395% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.0498687664041995% 2.099737532808399%;color:#000000\"><span><span style=\"color: #fff\">Imagine you&#8217;re selling toys, but suddenly you can only sell a few each day. <\/span><span style=\"color: #ffbc35\">To get people to buy them, you lower the price<\/span><span style=\"color: #fff\"> of each toy. This is similar to what&#8217;s happening in China.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"16c62c75-3237-4fd3-8f92-3db793516bbe\" auto-advance-after=\"el-bf82e2e4-8d14-47b8-a026-57d424da1566-media\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#545e32\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-bf82e2e4-8d14-47b8-a026-57d424da1566\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-video autoPlay=\"autoplay\" poster=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-5-poster.jpeg\" artwork=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-5-poster.jpeg\" title=\"deflation-china-5\" alt=\"deflation-china-5\" layout=\"fill\" noaudio=\"noaudio\" id=\"el-bf82e2e4-8d14-47b8-a026-57d424da1566-media\"><source type=\"video\/mp4\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-5-1.mp4\"\/><\/amp-video><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:1.21359%;top:57.11974%;width:97.3301%;height:42.71845%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.55)\" id=\"el-feef3123-433c-4f5b-90f0-e262fd8d533a\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9000935162094763% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:0.997506234413965% 1.99501246882793%;color:#000000\"><span><span style=\"color: #fff\">There are a few reasons why China is facing deflation:<\/span><br \/>\n<span style=\"color: #fff\">1. <\/span><span style=\"color: #ffbc35\">The government is getting involved in industries like technology and real estate<\/span><span style=\"color: #fff\">. This affects how much things cost. When companies can&#8217;t sell as much, they lower prices to get more buyers.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"e3f99040-a345-4ae0-94fa-d0b23d20b619\" auto-advance-after=\"el-b04f379f-13f5-4b66-b284-928b99f941ec-media\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#e1b979\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b04f379f-13f5-4b66-b284-928b99f941ec\">\n<div style=\"position:absolute;width:100.24691%;height:100%;left:-0.12346%;top:0%\" data-leaf-element=\"true\"><amp-video autoPlay=\"autoplay\" poster=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-7-poster.jpeg\" artwork=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-7-poster.jpeg\" title=\"China has entered a\u00a0state of deflation: Explained\" alt=\"China has entered a\u00a0state of deflation: Explained\" layout=\"fill\" noaudio=\"noaudio\" id=\"el-b04f379f-13f5-4b66-b284-928b99f941ec-media\"><source type=\"video\/mp4\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-7-1.mp4\"\/><\/amp-video><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.61165%;top:61.8123%;width:90.7767%;height:26.86084%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-8db37d4f-3716-4185-a4b9-8f19470591b8\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9650735294117647% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.06951871657754% 2.13903743315508%;color:#000000\"><span><span style=\"color: #fff\">2. <\/span><span style=\"color: #ffbc35\">China is trying to reduce pollution, <\/span><span style=\"color: #fff\">which can slow down production. When there&#8217;s less stuff to buy, people don&#8217;t want to pay much, so prices go down.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"3947ab2c-3976-4d2b-9c74-62706cf79714\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#264059\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ece95f1a-7268-4a34-b097-0bd038162361\">\n<div style=\"position:absolute;width:118.51852%;height:100%;left:-9.25926%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3264&amp;h=4896&amp;fit=max\" alt=\"person pouring hot water on white cup\" srcSet=\"https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3264&amp;h=4896&amp;fit=max 3264w,https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2611&amp;h=3917&amp;fit=max 2611w,https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1958&amp;h=2937&amp;fit=max 1958w,https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1305&amp;h=1958&amp;fit=max 1305w,https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=652&amp;h=978&amp;fit=max 652w,https:\/\/images.unsplash.com\/photo-1531969179221-3946e6b5a5e7?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyM3x8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=510&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 53vh, 119vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:64.23948%;width:100.48544%;height:26.86084%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-5ff6ab28-c34c-46af-a3f7-ed8bfa40b87f\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.8718297101449276% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:0.966183574879227% 1.932367149758454%;color:#000000\"><span><span style=\"color: #fff\">3. <\/span><span style=\"color: #ffbc35\">Consumers become cautious, delaying purchases expecting prices to drop.<\/span><span style=\"color: #fff\"> This reduces demand, prompting businesses to cut production and lower prices to stimulate buying.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"95253810-6753-4861-b7c9-b966be450f54\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d9a68c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ece95f1a-7268-4a34-b097-0bd038162361\">\n<div style=\"position:absolute;width:118.32132%;height:100%;left:-9.16066%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2000&amp;h=3005&amp;fit=max\" alt=\"red tassel\" srcSet=\"https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2000&amp;h=3005&amp;fit=max 2000w,https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1600&amp;h=2404&amp;fit=max 1600w,https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1200&amp;h=1803&amp;fit=max 1200w,https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=800&amp;h=1202&amp;fit=max 800w,https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=400&amp;h=601&amp;fit=max 400w,https:\/\/images.unsplash.com\/photo-1513781050488-6dd358209a1b?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxjaGluYXxlbnwwfHx8fDE2OTIyMjI2ODZ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=511&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 53vh, 119vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:65.53398%;width:90.7767%;height:16.18123%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-f6602c50-fbd0-4217-8d87-67b90b7a4286\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9650735294117647% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.06951871657754% 2.13903743315508%;color:#000000\"><span><span style=\"color: #fff\">4. <\/span><span style=\"color: #ffbc35\">Problems with trading<\/span><span style=\"color: #fff\"> with other countries, like the USA, can also affect prices.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"52975bed-2cd4-4e9c-8dd5-2f0e9dfa5a3c\" auto-advance-after=\"el-c9e76086-5213-49f7-9e59-9c0d26a5bd50-media\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#330908\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c9e76086-5213-49f7-9e59-9c0d26a5bd50\">\n<div style=\"position:absolute;width:100.24691%;height:100%;left:-0.12346%;top:0%\" data-leaf-element=\"true\"><amp-video autoPlay=\"autoplay\" poster=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-6-poster.jpeg\" artwork=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-6-poster.jpeg\" title=\"China has entered a\u00a0state of deflation: Explained\" alt=\"China has entered a\u00a0state of deflation: Explained\" layout=\"fill\" noaudio=\"noaudio\" id=\"el-c9e76086-5213-49f7-9e59-9c0d26a5bd50-media\"><source type=\"video\/mp4\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-6-1.mp4\"\/><\/amp-video><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:65.53398%;width:90.7767%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-580061d1-1d73-4148-bbb3-fe37aaeee822\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9650735294117647% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.06951871657754% 2.13903743315508%;color:#000000\"><span><span style=\"color: #fff\">5. Many young people <\/span><span style=\"color: #ffbc35\">can&#8217;t find jobs<\/span><span style=\"color: #fff\">, which affects spending.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"1a771e41-35e8-419f-a010-a1377c14729c\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#262626\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9f7e7e51-d0e2-4b85-a867-b4f4f4d2f965\">\n<div style=\"position:absolute;width:118.50159%;height:100%;left:-9.25079%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2333&amp;h=3500&amp;fit=max\" alt=\"low-angle photography of blue 3-storey cone temple\" srcSet=\"https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2333&amp;h=3500&amp;fit=max 2333w,https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1866&amp;h=2799&amp;fit=max 1866w,https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1399&amp;h=2099&amp;fit=max 1399w,https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=933&amp;h=1400&amp;fit=max 933w,https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=466&amp;h=699&amp;fit=max 466w,https:\/\/images.unsplash.com\/photo-1569165755139-296fac054979?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOHx8Y2hpbmF8ZW58MHx8fHwxNjkyMjYzNjg3fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=510&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 53vh, 119vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:65.53398%;width:90.7767%;height:26.86084%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.45)\" id=\"el-d911707f-2caa-48e9-aea3-206c1926c2e7\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9650735294117647% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.06951871657754% 2.13903743315508%;color:#000000\"><span><span style=\"color: #fff\">6. <\/span><span style=\"color: #ffbc35\">The property business isn&#8217;t doing well, affecting the economy.<\/span><span style=\"color: #fff\"> Some important builders can&#8217;t pay back the money they borrowed, and lots of building projects are not finished.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"cd49cc63-7e34-444e-80af-537511693c48\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#c0d9d9\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6562c04b-ed8d-46ff-822f-59af3248465b\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-83.33334%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3240&amp;h=2160&amp;fit=max\" alt=\"empty mountain bridge\" srcSet=\"https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3240&amp;h=2160&amp;fit=max 3240w,https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2592&amp;h=1728&amp;fit=max 2592w,https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1944&amp;h=1296&amp;fit=max 1944w,https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1296&amp;h=864&amp;fit=max 1296w,https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=648&amp;h=432&amp;fit=max 648w,https:\/\/images.unsplash.com\/photo-1516630355374-b6969734cad5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4NHx8Y2hpbmElMjBiYW5rc3xlbnwwfHx8fDE2OTIyNjU5Njd8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:61.97411%;width:90.7767%;height:32.20065%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-df410088-82f7-4ca4-b808-bf5787c69817\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9650735294117647% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.06951871657754% 2.13903743315508%;color:#000000\"><span><span style=\"color: #fff\">7. Some government groups that borrowed money can&#8217;t pay it back, <\/span><span style=\"color: #ffbc35\">causing problems for banks.<\/span><span style=\"color: #fff\"> All of these reasons make it hard for China to recover from the COVID-19 pandemic.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"903c36b6-21b9-4b56-9833-c0194c413cb7\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#a59e91\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-66ff03fe-5cbe-4433-aec0-0801ad2d320d\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china.jpg\" alt=\"China has entered a\u00a0state of deflation: Explained\" srcSet=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china.jpg 1080w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-864x1536.jpg 864w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-768x1365.jpg 768w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-585x1040.jpg 585w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-576x1024.jpg 576w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-169x300.jpg 169w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-1.21359%;top:56.14887%;width:102.6699%;height:40.93851%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.7)\" id=\"el-7da5042a-079b-482e-99ea-59262dc1a020\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.8144946808510639% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.5;text-align:center;padding:0.9456264775413712% 1.8912529550827424%;color:#000000\"><span><span style=\"color: #fff\">Think of two tools: The<\/span><span style=\"color: #ffbc35\"> Consumer Price Index (CPI)<\/span><span style=\"color: #fff\"> looks at everyday things like food, clothes, and toys. If it goes down, these things are getting cheaper. The <\/span><span style=\"color: #ffbc35\">Product Price Index (PPI) <\/span><span style=\"color: #fff\">looks at things companies use to make products. If it goes down, making things gets cheaper too. <\/span><span style=\"color: #ffbc35\">When both go down, it&#8217;s a sign of deflation.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"ee49aa3d-ab8e-47e9-88ef-d45f84616361\" auto-advance-after=\"10s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#171315\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ece95f1a-7268-4a34-b097-0bd038162361\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3.jpg\" alt=\"China has entered a\u00a0state of deflation: Explained\" srcSet=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3.jpg 1080w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-864x1536.jpg 864w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-768x1365.jpg 768w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-585x1040.jpg 585w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-576x1024.jpg 576w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-169x300.jpg 169w,https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-3-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:6.06796%;top:68.4466%;width:88.1068%;height:21.35922%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.75)\" id=\"el-2c44b2a3-6778-4ccd-ba81-f5f834d526c8\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9943181818181818% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.1019283746556474% 2.203856749311295%;color:#000000\"><span><span style=\"color: #fff\">Many things we use every day are made in China. <\/span><span style=\"color: #ffbc35\">If their factories slow down, it can lead to shortages and higher prices.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"03a392ba-cf84-4ce8-8a4d-ffd240f6933d\" auto-advance-after=\"el-4a220478-7bc9-475e-8159-b153174b52b4-media\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#43503b\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-4a220478-7bc9-475e-8159-b153174b52b4\">\n<div style=\"position:absolute;width:100.24691%;height:100%;left:-0.12346%;top:0%\" data-leaf-element=\"true\"><amp-video autoPlay=\"autoplay\" poster=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-poster.jpeg\" artwork=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-poster.jpeg\" title=\"China has entered a\u00a0state of deflation: Explained\" alt=\"China has entered a\u00a0state of deflation: Explained\" layout=\"fill\" noaudio=\"noaudio\" id=\"el-4a220478-7bc9-475e-8159-b153174b52b4-media\"><source type=\"video\/mp4\" src=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-1-1.mp4\"\/><\/amp-video><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:6.06796%;top:41.26214%;width:88.1068%;height:48.22006%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;background-clip:content-box;background-color:rgba(0,0,0,0.65)\" id=\"el-63dd7e68-97b9-44c3-a11c-42615fab3369\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.9943181818181818% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.5;text-align:center;padding:1.1019283746556474% 2.203856749311295%;color:#000000\"><span><span style=\"color: #fff\">China is also one of the<\/span><span style=\"color: #ffbc35\"> world&#8217;s largest consumers of commodities <\/span><span style=\"color: #fff\">like oil, metals, and agricultural products. A slowdown in China &nbsp;can lead to decreased demand for these commodities, causing their prices to drop on the global market. For easy explanation, click the link below<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-1.jpg\"><a href=\"https:\/\/polscienceweb.com\/index.php\/china-has-entered-a-state-of-deflation-explained\/\" rel=\"\">Learn more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imagine a situation where the prices of things you buy, like toys, clothes, and food, are going down instead of going up. It&#8217;s called &#8220;deflation.&#8221; <\/p>\n","protected":false},"author":1,"featured_media":12311,"template":"","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_lmt_disableupdate":"","_lmt_disable":"","web_stories_publisher_logo":11472,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[476],"web_story_tag":[480],"class_list":["post-12288","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China has entered a\u00a0state of deflation: Explained - Politics Science News<\/title>\n<meta name=\"description\" content=\"Imagine a situation where the prices of things you buy, like toys, clothes, and food, are going down instead of going up. It&#039;s called &quot;deflation.&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/polscienceweb.com\/index.php\/web-stories\/china-has-entered-a-state-of-deflation-explained\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China has entered a\u00a0state of deflation: Explained - Politics Science News\" \/>\n<meta property=\"og:description\" content=\"Imagine a situation where the prices of things you buy, like toys, clothes, and food, are going down instead of going up. 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has entered a\u00a0state of deflation: Explained"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundTextMode":"FILL","font":{"family":"Roboto"},"fontSize":30,"backgroundColor":{"color":{"r":0,"g":0,"b":0,"a":0.45}},"lineHeight":1.2,"textAlign":"left","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"content":"<span style=\"color: #fff\">China Has Entered A&nbsp;State Of Deflation: Explained<\/span>","x":48,"y":41,"width":343,"borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"type":"text","height":115,"id":"ab1fa89c-3344-4c1f-b145-cd50eef85cce"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"backgroundTextMode":"FILL","font":{"family":"Roboto"},"fontSize":22,"backgroundColor":{"color":{"r":0,"g":0,"b":0,"a":0.55}},"lineHeight":1.5,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"content":"<span style=\"color: #ffbc35\">Deflation<\/span><span style=\"color: #fff\"> is when things you usually buy, like toys and clothes, become cheaper. It might seem like a good thing because stuff gets cheaper, but it can actually cause some problems for the economy.<\/span>","x":10,"y":401,"width":392,"height":199,"marginOffset":5.90625,"id":"9d62b77f-56ee-44aa-a83b-c1fba590b5b9","type":"text"}],"backgroundColor":{"color":{"r":255,"g":255,"b":255}},"id":"08abf12c-d3e8-42ec-8973-b27b12f22c5a","defaultBackgroundElement":{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"x":1,"y":1,"width":1,"height":1,"mask":{"type":"rectangle"},"isBackground":true,"isDefaultBackground":true,"type":"shape","id":"ae331c1b-ad33-4d36-bd2b-e2cf9b092b6f"},"animations":[]},{"elements":[{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"x":48,"y":0,"width":330,"height":586,"mask":{"type":"rectangle"},"isBackground":true,"type":"video","id":"2e7973e5-0c41-4e56-a855-1597ac932802","scale":100,"focalX":50,"focalY":50,"resource":{"type":"video","mimeType":"video\/mp4","width":406,"height":720,"sizes":[],"isPlaceholder":false,"isExternal":false,"needsProxy":false,"baseColor":"#655a57","blurHash":"UjGR^{ozf8of_4t7ofWC~qt7bHj[-;j[offk","creationDate":"2023-08-17T10:11:58","src":"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-copy-1.mp4","id":12328,"alt":"","local":false,"poster":"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-copy-poster-1.jpeg","posterId":12329,"isOptimized":true,"length":8,"lengthFormatted":"0:08","isMuted":true,"trimData":{"original":0}},"alt":"China has entered a\u00a0state of deflation: Explained"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"backgroundTextMode":"FILL","font":{"family":"Roboto"},"fontSize":22,"backgroundColor":{"color":{"r":0,"g":0,"b":0,"a":0.55}},"lineHeight":1.5,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"content":"<span style=\"color: #fff\">Imagine you're selling toys, but suddenly you can only sell a few each day. <\/span><span style=\"color: #ffbc35\">To get people to buy them, you lower the price<\/span><span style=\"color: #fff\"> of each toy. This is similar to what's happening in China.<\/span>","x":16,"y":394,"width":381,"height":199,"marginOffset":5.90625,"id":"4ffbf3cd-4b7a-460d-92e4-bcb6e35e54fb","type":"text"}],"backgroundColor":{"color":{"r":255,"g":255,"b":255}},"animations":[],"id":"cd58e548-cf82-4dd4-8848-1436041796a2","defaultBackgroundElement":{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"x":1,"y":1,"width":1,"height":1,"mask":{"type":"rectangle"},"isBackground":true,"isDefaultBackground":true,"type":"shape","id":"46d7b2e3-cd8e-453d-8b70-7b44b44db343"}},{"elements":[{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"x":48,"y":0,"width":330,"height":586,"mask":{"type":"rectangle"},"isBackground":true,"type":"video","id":"bf82e2e4-8d14-47b8-a026-57d424da1566","scale":100,"focalX":50,"focalY":50,"resource":{"type":"video","mimeType":"video\/mp4","width":1080,"height":1920,"sizes":[],"isPlaceholder":false,"isExternal":false,"needsProxy":false,"baseColor":"#545e32","blurHash":"UmFif2t7X7WV_4flbIa{%OkCs:j[x]ofoeay","creationDate":"2023-08-17T10:07:05","src":"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-5-1.mp4","id":12319,"alt":"deflation-china-5","local":false,"poster":"https:\/\/polscienceweb.com\/wp-content\/uploads\/2023\/08\/deflation-china-5-poster.jpeg","posterId":12320,"isOptimized":true,"length":8,"lengthFormatted":"0:08","isMuted":true,"trimData":{"original":0}}},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"backgroundTextMode":"FILL","font":{"family":"Roboto"},"fontSize":22,"backgroundColor":{"color":{"r":0,"g":0,"b":0,"a":0.55}},"lineHeight":1.5,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"content":"<span style=\"color: #fff\">There are a few reasons why China is facing deflation:<\/span>\n<span style=\"color: #fff\">1. <\/span><span style=\"color: #ffbc35\">The government is getting involved in industries like technology and real estate<\/span><span style=\"color: #fff\">. This affects how much things cost. 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When there's less stuff to buy, people don't want to pay much, so prices go 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