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China’s economy in period of ‘deflation’ - BBC News

China's imports and exports fell more sharply than expected last month as weaker global demand threatened the recovery prospects of the world's second-largest economy. Official figures show that exports fell by 14.5% in July compared with a year earlier, while imports dropped 12.4%. The grim trade figures reinforce concerns that the country's economic growth could slow further this year. It will increase pressure on Beijing to help boost the post-pandemic recovery. Please subscribe here: http://bit.ly/1rbfUog #China #Economy #BBCNews