Doing business in China? Factor in deflation
A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | Reuters While U.S. companies battle inflationthose in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by — […]