China deflation pressure deepens as price index hits 9-month low

December CPI up just 0.1% as full-year figure again falls far short of target

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A fruit vendor at a market in Beijing. Deflationary pressure continues to weigh on the Chinese economy. © Reuters

GRACE LI, Nikkei staff writer

HONG KONG -- China's consumer inflation rate hit the lowest level in nine months in December, adding to concerns that deflationary pressure will continue to constrain the world's second-largest economy.

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