China faces longest deflation streak since Mao era in 1960s
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Deflation continues to challenge China's economy as consumer prices dropped for a fourth straight month, falling 0.1% in May Despite national holidays and price cuts from companies like , domestic demand remains weak Shivan Chanana reports | WION
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While the rest of the world grapples with inflation, China appears to be sliding into deflation. Consumer prices fell in July and factory-gate prices also extended declines as the world's second-largest economy struggled to revive demand https://reut.rs/441l11l | Reuters
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