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deflation

​A view of the skyline and buildings at Shinjuku district during sunset in Tokyo, Japan June 20, 2021.
What We're Watching

Will Japan raise interest rates … to zero?

Japan’s central bank will debate a landmark interest rate rise next week that could bring interest rates to a staggering 0% after nearly a decade of negative rates.

The headquarters of the People's Bank of China is pictured behind an iron chain in Beijing.

Will China’s property woes get political?

As China’s financial troubles mount, analysts forecast stormy skies for its economy — and potentially, its politics.

Medical workers treat injured people at Ameth Bek hospital after a drone strike on a market in the disputed Abyei region along the border between South Sudan and Sudan, October 19, 2026.
What We're Watching

South Sudan suffers drone strike, Romania finally gets a government, Colombia revives sea beef with Nicaragua

South Sudan is accusing neighboring Sudan of launching a drone strike that killed at least 73 people at a market in Abyei, a disputed, oil-rich region of roughly 4,000 square miles claimed by both countries.

 A worker works at a workshop of a textile company in Binzhou city, East China's Shandong province.
News

China flirts with deflation. Why is that a bad thing?

While much of the rest of the world contends with inflationary pressures, many economists say China is tussling with the inverse phenomenon: deflation. What’s deflation, and what are the implications at home and abroad?