e.g. 关于通货紧缩,国际上有多种解释,比较一致的就是说一个国家的物价总水平持续出现负增长。中国CPI或者说物价总水平1月份是正增长,2月份涨幅比1月份高,所以不能说中国已经出现了通货紧缩。
About deflation, there are multiple criteria in evaluating deflation. A major criterion is consecutive negative growth of overall consumer prices in a country. And when it comes to CPI in China, last January we had a positive growth and the figure for February further rebounded. So I don’t think there is deflation in China.