Rising Gold Prices Mask China’s Deflationary Struggles for the Time Being
Jewelleries on display at Luk Fook Jewellery store in Hong Kong. Stock image. Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures. Core inflation last month saw its fastest increase in almost two years, unexpectedly helping the […]