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Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.
While the rest of the world tussles with inflation, China is at risk of experiencing a prolonged spell of falling prices that -- if it takes root -- could eat into corporate profits, sap consumer spending and push more people out of work. Its effects would ripple across the globe, easing...
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