China is expected to acknowledge a significant softening in domestic demand at the upcoming “Two Sessions” parliamentary gathering, where details on fiscal stimulus to counter U.S. trade tensions will be revealed. Beijing is likely to lower its annual consumer price inflation target to around 2%, the lowest in over two decades, reflecting modest domestic demand. Economists predict persistent deflation and expect significant stimulus measures to be implemented in the second half of the year, following a period of economic slowdown and societal discontent.
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How foreign tourists are charged 50% more in Paris than French customers
Americans visiting Paris are reportedly being charged up to 50% more than French customers, as demonstrated by a Le Parisien experiment where a French reporter and an American impersonator ordered the same meal but received vastly different bills. The American was charged more for drinks and faced different tipping expectations, raising concerns about tourist exploitation in Parisian dining establishments. Want More Context? 🔎
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