China's Slide Into Deflation Raises Concerns About Economic Future

After months of concern that the Chinese economy was teetering on the brink of potentially damaging deflation, Beijing's National Bureau of Statistics this week made it official, reporting that overall prices had declined in July by 0.3% compared to a year earlier.

As much of the world struggles with the difficult phenomenon of price inflation, the news about deflation in China comes after months of reports showi