HONG KONG—China is sinking deeper into its worst deflation in years as demand falters, spelling trouble for the
world.
With many Chinese worried about the economic outlook and unwilling to spend, consumer prices fell for a third straight month in December, official data showed Friday. Prices charged by manufacturers dropped for the 15th month in a row.
The Wall Street Journal:Wary World Watches As Prices Fall in China.pdf-size26.30MB