It's often said that if America sneezes, the world catches a cold. That now must be true of China - the worlds second largest economy.
China's economy is struggling with falling prices - or deflation.
The main inflation measure has turned negative for the first time since the pandemic.
Aug 22
All eyes on Jerome Powell’s major speech at Jackson Hole
The Federal Reserve's annual summit is happening in the scenic setting of Jackson Hole kicks into high gear on Friday, with the Fed Chair, Jerome Powell, taking centre stage. UN agencies are warning that the global workforce needs better protection from excessive heat driven by w ... Show More
27m 35s
Sep 2023
China's boom changed the world. Now, it faces a slump
As Canada deals with high inflation and a housing shortage, the world’s second-largest economy is grappling with a nearly opposite reality.
China has been booming for over 40 years as Beijing invested heavily to build up the country. But now, demand for housing is sinking amid ov ... Show More
22m 15s