China's deflationary slide is worsening as companies spiral into price wars

From coffee to cars to real estate, there's a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.

China's deflationary slide is worsening as companies spiral into price wars
From coffee to cars to real estate, there's a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.