Economists predict a second "Chinese shock"

March 04, 2024 | 20:00 |4981

China may double exports of its own equipment, which may cause a new "Chinese shock" on the world market. This is reported by the American newspaper The Wall Street Journal.

Now China is rapidly increasing the production of cars, machinery and household appliances and actively sells its products abroad.

According to the source, this has helped China keep inflation low in the past.

According to experts, these measures can further contribute to reducing the inflation rate.

The first "Chinese shock" occurred in the 1990s and 2000s.

ORIENT news