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Line 21: − == China's major economic crisis putting deflationary pressure on its economy == − − Presently, [[communism|communist]] [[China]] is facing multiple crisis with the three major crisis below being signs of growing deflationary pressures on their economy: − − *[[Chinese real estate crisis (2020–present)]] − − *[[Chinese stock markets|Chinese stock markets crisis]] (Since 2021, China’s stock markets have lost about $7 trillion in value.<ref>[https://www.marketplace.org/2024/02/06/why-chinas-stock-market-struggling/ What’s going on with China’s stock market?], MarketPlace.org</ref>) − − *[[Youth unemployment in China]]
Reverted edits by Conservative (talk) to last revision by Cazle
Food deflation was rampant in 2016, due to increases in supply and low-cost competition.<ref name="Forbes">https://www.forbes.com/sites/phillempert/2017/02/01/food-deflation-is-changing-the-face-of-retail/#2818fc3326ec</ref> Retail grocers lost in value despite increases in the stock market overall, including [[Wal-Mart]]. "Kroger, Whole Foods Market, Sprouts Farmers Market, and Supervalu lost 17%, 29%, 8%, and 31% of their respective value" in 2016.<ref name="Forbes"/>
Food deflation was rampant in 2016, due to increases in supply and low-cost competition.<ref name="Forbes">https://www.forbes.com/sites/phillempert/2017/02/01/food-deflation-is-changing-the-face-of-retail/#2818fc3326ec</ref> Retail grocers lost in value despite increases in the stock market overall, including [[Wal-Mart]]. "Kroger, Whole Foods Market, Sprouts Farmers Market, and Supervalu lost 17%, 29%, 8%, and 31% of their respective value" in 2016.<ref name="Forbes"/>
== See also ==
== See also ==