China gloom: The 'Are you dead?' app is dead and a 'crying horse' plushie is selling out

Inflatie

While Americans worry about inflation and affordability, the Chinese are fretting about deflation and a down economy. To get a sense of Chinese consumer confidence today, visit Beijing toy seller Gao Lan, where a frowning horse plushie is selling out for the Year of the Horse. According to state media, a factory worker mistakenly sewed the toy's smile upside down, creating a runaway hit in China referred to as "the crying horse." "Nowadays, there is so much stress in our society," Gao said. "

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