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Commentary: The Oil Shock Is a Double-Edged Sword for China’s Deflation Fight

Summary by Caixin Global
Commentary: The Oil Shock Is a Double-Edged Sword for China’s Deflation Fight - Surging crude costs might temporarily jolt the economy out of its low-price mindset, but the resulting imported inflation will crush manufacturers and handcuff the central bank

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Caixin GlobalCaixin Global
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Commentary: The Oil Shock Is a Double-Edged Sword for China’s Deflation Fight

Commentary: The Oil Shock Is a Double-Edged Sword for China’s Deflation Fight - Surging crude costs might temporarily jolt the economy out of its low-price mindset, but the resulting imported inflation will crush manufacturers and handcuff the central bank

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Caixin Global broke the news in on Monday, March 9, 2026.
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