From Manufacturing unit Flooring to Financial Sinkhole: Why China’s Manufacturing Mania and Deflation Spell Bother | Economic system Information
New Delhi: China’s heavy dependence on manufacturing is more and more seen as a key vulnerability that might entice its economic system on the middle-income stage, and this threat is now being compounded by a deepening deflationary disaster. For many years, manufacturing powered China’s fast development, lifting thousands and thousands out of poverty and turning…