China’s risk of deflation is ‘serious’ — one economist says it’s ‘time to act’

China's risk of deflation is 'serious' — one economist says it's 'time to act'

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in growth momentum may turn out more severe without more meaningful policy intervention.

Xinhua News Agency | Xinhua News Agency | Getty Images

Fears are growing that China’s economy is tethering on the verge of deflation after another slate of contributed to this report.

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