China is making "a classic recipe for falling prices" ...Middle East

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China is making a classic recipe for falling prices
As China gets set for its pivotal meetings this week, the Wall Street Journal writes about how a manufacturing export boom is "a classic recipe for falling prices."'They warn that Beijing is looking to manufacturing and exports to boost the economy. It's a sequel to the early 2000s boom that focused on cheap manufacturing. This time, it's moved up the value chain to cars, computer chips and complex machinery.The WSJ highlights that China producer prices have been falling for 16 months, in part because of sluggish domestic demand."That disinflationary impulse is showing up around the world. The price of U.S. imports from China fell 2.9% in January from a year earlier, while the price of impor

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