Is Beijing Losing Control Of Its Economy?

Via Metal Miner Many speculate that China’s slowdown will not only undermine metal prices but also put China at risk of experiencing a Japan-style decade of deflation. A recent Financial Times article suggests that China has tried various measures to stimulate economic growth. Examples include cutting lending rates, mortgage rates, business taxes, stock-trading fees, and admission costs at tourist sites. That said, these efforts, including extended EV subsidies, relaxed regulations, Forex market interventions, and extended stock trading hours,…