Based on what metric? Deflation is worse than inflation. Shrinking trade exports are deadly for an export based economy that doesn’t have a robust consumer base

Based on what metric? Deflation is worse than inflation. Shrinking trade exports are deadly for an export based economy that doesn’t have a robust consumer base or service sector. China is now decoupling its service sector of law firms, accounting firms and consultants. Extrapolate those trends and you would expect China to be increasingly decoupling from the global trade network after decades of open integration and the growth/wealth that comes with it.