by Frank Tang in SCMP, Apr 15, 2023China’s falling producer prices and slowing consumer price rises have triggered warnings about the risk of deflation and inadequate demand, the latest red alerts for the world’s second-largest economy at a critical juncture in its post-pandemic recovery. The low-price environment puts Beijing’s policymakers in a much better position than their Western peers, who are busy dealing with high inflation and financial market turbulence, and allowed them to extend…