Consumer prices in China rose barely 0.1% in December from a year earlier, the fourth consecutive month in which price growth has slowed. This increases the threat of a deflationary spiral that would further damage the country’s economy. The Chinese government has made increasing domestic consumer spending a top priority for 2025. Also in this edition, we look at the economic incentives behind Mark Zuckerberg’s decision to ditch third-party fact-checkers.
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