Deflation in China is becoming increasingly difficult to reverse. If the world's second-biggest economy's prices continue to decrease for a seventh straight quarter, they will tie the record deflationary stretch set during the late 1990s Asian financial crisis.

China struggles with deflation and looming trade battle

In China, the property sector continues to struggle. The decline in China's new home prices slowed in January. Some of the biggest cities saw some stability in prices. But the nationwide downward trend persisted, despite Beijing's efforts to revive demand.

China: Sharpest home price fall in 10 months

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China struggles with deflation and looming trade battle

China: Sharpest home price fall in 10 months