Almost every central bank around the world is raising interest rates, but there's one exception! The Fed is raising, Europe is raising, Japan is raising, and even India is raising rates. China's central bank, on the other hand, just injected 700 billion today, net injection: 200 billion. On October 8, it already injected 1.2 trillion, net injection: only 200 billion. In ten days, two moves, 400 billion. Why is China's central bank going against the global trend? Because by 2025, China's CPI will be 0, and PPI has dropped by 2.6%. While others are fighting inflation, China is fighting deflation. Which do you think is harder to deal with?