{"id":23918,"date":"2023-01-18T14:06:43","date_gmt":"2023-01-18T13:06:43","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=23918"},"modified":"2023-01-18T14:06:43","modified_gmt":"2023-01-18T13:06:43","slug":"this-china-which-now-exports-inflation","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/china\/this-china-which-now-exports-inflation","title":{"rendered":"This China which now exports inflation !"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"23914\" data-permalink=\"https:\/\/michelsanti.fr\/en\/china\/this-china-which-now-exports-inflation\/attachment\/touristes-2\" data-orig-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=1347%2C1900&amp;ssl=1\" data-orig-size=\"1347,1900\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"touristes\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=726%2C1024&amp;ssl=1\" class=\"alignnone size-medium wp-image-23914\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=213%2C300&#038;ssl=1\" alt=\"\" width=\"213\" height=\"300\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=213%2C300&amp;ssl=1 213w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=726%2C1024&amp;ssl=1 726w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=768%2C1083&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=1089%2C1536&amp;ssl=1 1089w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?resize=1200%2C1693&amp;ssl=1 1200w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?w=1347&amp;ssl=1 1347w\" sizes=\"(max-width: 213px) 100vw, 213px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>While it has been THE fundamental source of deflation for the past 20 years, China will now export inflation.<\/p>\n<p>This country locked up for 2 years nearly 19% of the universal population that were prevented from consuming. This 1.4 billion individual now liberated will rush to buy, go out, live\u2026 with the global inflationary consequences that we can easily imagine.<\/p>\n<p>Incidentally, tourists from China are preparing to surge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; While it has been THE fundamental source of deflation for the past 20 years, China will now export inflation. This country locked up for 2 years nearly 19% of the universal population that were prevented from consuming. This 1.4 billion individual now liberated will rush to buy, go out, live\u2026 with the global inflationary&hellip;<\/p>\n","protected":false},"author":4,"featured_media":23914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[648941287,648941274],"tags":[],"class_list":["post-23918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-inflation-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This China which now exports inflation ! - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/china\/this-china-which-now-exports-inflation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This China which now exports inflation ! - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"&nbsp; While it has been THE fundamental source of deflation for the past 20 years, China will now export inflation. 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This 1.4 billion individual now liberated will rush to buy, go out, live\u2026 with the global inflationary&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/china\/this-china-which-now-exports-inflation\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-18T13:06:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1347\" \/>\n\t<meta property=\"og:image:height\" content=\"1900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"This China which now exports inflation !\",\"datePublished\":\"2023-01-18T13:06:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation\"},\"wordCount\":71,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/touristes.png?fit=1347%2C1900&ssl=1\",\"articleSection\":[\"China\",\"Inflation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation\",\"name\":\"This China which now exports inflation ! - Michel Santi\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/touristes.png?fit=1347%2C1900&ssl=1\",\"datePublished\":\"2023-01-18T13:06:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/touristes.png?fit=1347%2C1900&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/touristes.png?fit=1347%2C1900&ssl=1\",\"width\":1347,\"height\":1900},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/china\\\/this-china-which-now-exports-inflation#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/michelsanti.fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"This China which now exports inflation !\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/\",\"name\":\"Michel Santi\",\"description\":\"\\\"It is not because things are difficult that we do not dare. 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The leaders of China \u2013 at every level \u2013 are terrified to fall victim to such strangulation. The West has steadfastly realised that its almighty power of globalisation is \u2013 by all accounts \u2013 a\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":22109,"url":"https:\/\/michelsanti.fr\/en\/china\/china-financial-victory-without-military-intervention-2","url_meta":{"origin":23918,"position":1},"title":"China: financial victory without military intervention","author":"Michel Santi","date":"March 22, 2022","format":false,"excerpt":"\u00a0 China\u2019s currency just overtook the once almighty yen. 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Despite the stagnation of its national consumption, China is racking up trade surpluses in the way of 94 billion dollars per month. This good news is however not so good because the strong correlation between a nation\u2019s trade balance and\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/01\/chine.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":23899,"url":"https:\/\/michelsanti.fr\/en\/china\/the-ev-symbol-of-a-shift-in-world-power","url_meta":{"origin":23918,"position":3},"title":"The EV, symbol of a shift\u00a0in\u00a0world power?","author":"Michel Santi","date":"January 16, 2023","format":false,"excerpt":"\u00a0 Sales of electric cars are exploding on a global scale. Last year saw an increase of 60% compared to 2021 with nearly 11 million vehicles put into circulation. It's simple: EV now account for 13.2% of all global sales, having thus tripled in 2 years since 2020. Germany, Great\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/1.passengers-EV.png?fit=1200%2C938&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/1.passengers-EV.png?fit=1200%2C938&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/1.passengers-EV.png?fit=1200%2C938&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/1.passengers-EV.png?fit=1200%2C938&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/1.passengers-EV.png?fit=1200%2C938&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":22072,"url":"https:\/\/michelsanti.fr\/en\/china-financial-victory-without-military-intervention","url_meta":{"origin":23918,"position":4},"title":"China: financial victory without military intervention","author":"Michel Santi","date":"March 14, 2022","format":false,"excerpt":"\u00a0 China\u2019s currency just overtook the once almighty yen. SWIFT, the international payment system, must now use the yuan that has become the 4th biggest currency after the dollar, the euro and the Swiss franc. Long considered to be speculative, the \u201crenminbi\u201d seems to be undergoing a full transformation, with\u2026","rel":"","context":"With 2 comments","block_context":{"text":"With 2 comments","link":"https:\/\/michelsanti.fr\/en\/china-financial-victory-without-military-intervention#comments"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Ctzjc3tWgAAoM7H-300x163.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":29088,"url":"https:\/\/michelsanti.fr\/en\/china\/the-countdown-has-begun","url_meta":{"origin":23918,"position":5},"title":"The countdown has begun","author":"Michel Santi","date":"April 27, 2025","format":false,"excerpt":"In just a few weeks, the White House and the United States have gotten themselves into a situation from which they will have the greatest difficulty escaping. Starting on April 10, trade between the U.S. and China progressively \u2014 but irresistibly \u2014 came to a halt. Cargo bookings, in fact,\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=23918"}],"version-history":[{"count":1,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23918\/revisions"}],"predecessor-version":[{"id":23919,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23918\/revisions\/23919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/23914"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=23918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=23918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=23918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}