China's Deflation Crisis Deepens, Urgent Stimulus Needed

TL;DR Summary
China's deflation risks increased in June due to weak demand, with consumer inflation remaining flat and factory-gate prices declining further. The data suggests a potential weaker performance in second-quarter economic data.
- China’s weak demand woes underlined after deflation risks intensified in June South China Morning Post
- China’s factory gate prices fall at fastest pace in 7 years CNN
- Deflation Looms in China as Rebound Loses Steam The Wall Street Journal
- China Slides to Brink of Deflation, Adding Urgency for Stimulus Bloomberg
- China on brink of consumer deflation Financial Times
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