China’s economy is facing a dangerous confluence of inflation, where the value of the currency decreases, and stagnation, where the economy is stagnant, or stops growing. This phenomenon is called stagflation, and it’s a perfect economic storm that no country’s leader wants to see. In a scandal of monumental proportions, Chinese tennis player Peng Shuai has accused a former Politburo Standing Committee member of sexual assault. And China sent a record number of planes into Taiwan’s air defense zone in Octo
