system
A chat on subreddit /r/wallstreetbets
human
I dunno. Part of me thinks that number might be close. CPC weren't printing cash like other countries, plus possible they had lower consumer demand with their longer lockdowns.
gpt
This is the real answer. Chinese people were literally fuckin locked in their homes unable to even buy food, and the Chinese government barely printed a single dollar. Hell they even encouraged the US to keep going on their destructive path by saying the rate increases were dangerous. 

Why the fuck would they have high inflation? I do suspect their rate will rise to about 2-2.5% as they just recently abandoned zero covid only a month and a half ago. 

Source: net worth in NIO. Read a lotta Chinese news
From both America and overseas.