''See also:'' [[Deflation in China (July 2023 to present)]]
''See also:'' [[Deflation in China (July 2023 to present)]]
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Beginning in July 2023, there is a sustained decrease in the general price level of goods and services in [[China]], which has persisted as a significant economic challenge into 2025..<ref>[https://grok.com/c/c9661281-4353-4340-b346-71e2f9bb6415 Deflation in China]</ref><ref>[https://grok.com/share/c2hhcmQtNA%3D%3D_857ea36b-b7aa-4c5e-a851-becbce0d826d Deflation in China. Also, when did China's current deflation start?]</ref> Chinese [[deflation]] is creating a vicious cycle of falling prices which is leading consumers and businesses to delay spending and investment, further weakening demand and deepening the price decline. China's deflationary pressures intensified after the post-pandemic economic slowdown, contrasting sharply with inflationary trends in other major economies like the United States. deflation is a core risk to China's economy.<ref>[https://grok.com/c/c9661281-4353-4340-b346-71e2f9bb6415 Deflation in China]</ref>