BEIJING/SHANGHAI -- Deep discounts have become a symptom of China's economic slowdown as the country starts to show more signs of downard pressure on prices.
Companies vie for reluctant consumers in sign of rising deflationary pressure

Meituan is among the delivery app giants engaging in a price war amid deflationary pressure in China. (Photo by Takashi Kawakami)
BEIJING/SHANGHAI -- Deep discounts have become a symptom of China's economic slowdown as the country starts to show more signs of downard pressure on prices.