12min chapter

Patrick Boyle On Finance cover image

In China - Don't Say Deflation

Patrick Boyle On Finance

CHAPTER

Shifting Pricing Strategy and Digital Currency

This chapter explores the shift in pricing strategy by Chinese retailers to price items based on the gram of gold, indicating a potential shift towards buying jewelry as a store of wealth. It also discusses the impact of the central bank digital currency in China and its lack of trust among consumers.

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