Chinese leaders focused on the consequences of slowing economic growthduring a meeting with world leaders this weekend as China’s central bank governor warned over fears of deflation.
“Inflation in China is also declining. We need to have vigilance if this can go further to reach some sort of deflation or not,” said Zhou Xiaochuan the governor, speaking on Sunday at China’s annual Davos-style economic forum in Boao, on the Chinese island of Hainan.
The annual meeting is an opportunity for world leaders, policy wonks and business executives seeking to curry favour with Beijing.
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