
You’ve read about China’s price wars, but what do consumers think & how are they impacted?
While falling prices may seem appealing, there are hidden costs esp. in a deflationary context: shrinking revenues, lower quality, less innovation, wages & jobs taking a hit.
Read more:
CNBC International@CNBCi
Chinese companies are waging fierce price wars — but the consumer isn’t always the winner cnbc.com/2025/07/21/chi…
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