China Diverts Exports to Domestic Market
This is a Beijing news story, published by CNBC, that relates primarily to Donald Trump news.
Beijing news
For more Beijing news, you can click here:
more Beijing newsDonald Trump news
For more Donald Trump news, you can click here:
more Donald Trump newsNews about inflation
For more inflation news, you can click here:
more inflation newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
current tariff situation. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Chinese consumers news, Chinese exporters news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Chinese goodsCNBC
•Business
Business & Economics
China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market
88% Informative
As tariffs choke overseas demand, China is pushing exporters to shift sales home.
The move risks deepening deflation in an economy already weighed down by weak consumption and excess capacity.
Many economists believe Beijing will likely wait to see concrete signs of economic deterioration before it exercises fiscal firepower.
U.S. President Donald Trump ratcheted up tariffs on imported Chinese goods to 145% this year , the highest level in a century .
China 's urban unemployment rate is expected to reach an average 5.7% this year , above the official 5.5% target, Eurasia Group's Wang said.
Many economists believe Beijing will likely wait to see concrete signs of economic deterioration before it exercises fiscal firepower.
Peking University professor Justin Yifu Lin said Beijing can use fiscal, monetary and other targeted policies to boost purchasing power.
VR Score
93
Informative language
94
Neutral language
56
Article tone
formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
4
Affiliate links
no affiliate links