China's economy under pressure as consumer slump deepens
Cristiana Gigina
BEIJING Consumer prices in China fell last month at their fastest rate in six months, official data showed Wednesday, as leaders struggle to reignite demand in the world's second-largest economy . Beijing has in recent years been battling sluggish domestic spending, dragged down by a prolonged slump in the country's vast property market as challenges facing its exports mount. The consumer price index, a key measure of inflation, dropped 0.4 percent year-on-year in August, according to data
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