{"id":338816,"date":"2026-03-20T08:13:08","date_gmt":"2026-03-20T08:13:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/338816\/"},"modified":"2026-03-20T08:13:08","modified_gmt":"2026-03-20T08:13:08","slug":"chinas-record-deflation-finds-dangerous-cure-in-oil-shock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/338816\/","title":{"rendered":"China\u2019s Record Deflation Finds Dangerous Cure in Oil Shock"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Surging global oil prices stemming from the war with Iran have put China on the cusp of exiting a record streak of deflation well ahead of schedule. But it\u2019s not clear if the economy is better off.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">In the weeks before Donald Trump began his barrage, most economists <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/TB3HBTNQ43CW\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">expectedBloomberg Terminal<\/a> China\u2019s producer prices to extend their three-and-a-half year negative streak in 2026. Now, as global energy costs surge, factory prices could snap that funk as soon as this month, according to Wall Street banks including Citigroup Inc. and Goldman Sachs Group Inc. Consumer prices are already edging up.<\/p>\n","protected":false},"excerpt":{"rendered":"Surging global oil prices stemming from the war with Iran have put China on the cusp of exiting&hellip;\n","protected":false},"author":2,"featured_media":338817,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,607,14564,1951,219,21139,29284,12964,1943,16609,1759,111,139,69,3454,6149],"class_list":["post-338816","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-consumer-price-index","tag-economics","tag-economy","tag-equality","tag-generic-1st-cl-future","tag-goldman-sachs-group-inc","tag-inflation","tag-iran","tag-japan","tag-new-zealand","tag-newzealand","tag-nz","tag-wage-growth","tag-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/338816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=338816"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/338816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/338817"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=338816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=338816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=338816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}