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China’s domestic price wars are a threat to its economy
Overproduction, deflation and debt are hurting China’s companies and putting its workers’ jobs at risk.
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China is in the throes of a cut-throat price war that covers a range of industries and services.
PHOTO: BLOOMBERG
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This is the second in a three-part Opinion series on the Chinese economy. The first on the squeezed middle class is here
If there was a prize for the country that sells the best value-for-money products, the hands-down winner would, of course, be China.
