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Xi signals China may finally move to end deflationary price wars

  • China's government, led by Xi Jinping, shows signs of tackling deflationary price wars.
  • Recent shift in messaging acknowledging cutthroat competition dragging down prices and profits.
  • Efforts aim to rein in industrial overcapacity, ease trade tensions, and boost global confidence.
  • However, concrete policy measures are still awaited to address the complex economic challenges.
  • It remains to be seen how China balances curbing excess supply without jeopardizing growth.

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