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Economy

China producer prices fall for first time in three years in July

Fears of deflation continue to grow as trade spat saps demand at home and abroad

China's producer price index fell 0.3% in July, its first decline since August 2016 and exceeding forecasts for a 0.1% fall.   © Reuters

BEIJING (Reuters) -- China's factory gate prices shrank for the first time in three years in July, stoking deflation worries and adding pressure on Beijing to deliver more stimulus as the economy sputters amid an intensifying trade war with the United States.

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