Summary: China's economy experiences deflation as consumer prices decline in July, a rare occurrence in over two years. Deflation refers to a sustained drop in prices, indicating weak demand and economic challenges. China's consumer price index showed an annual decrease of minus 0.3%, partially attributed to stabilized pork prices. China's economic authorities are under pressure to take active measures to stimulate the economy and boost domestic demand . The global impact of China's deflation includes potentially cheaper Chinese products abroad, but also limited access to the Chinese market due to weak demand . ...

Summary: China's deflation could lead to cheaper import s globally, potentially benefiting the UK's consumer market. UK inflation may receive some relief from cheaper Chinese import s, but ongoing challenges persist. Sustained deflation in China might hinder UK exporters due to delayed spending and slower market growth. Global trade, consumption, and commodity prices could be significantly affected by a slowdown in China's economic growth. ...

Summary: China 's Evergrande , a major property developer, has filed for US bankruptcy protection amidst ongoing restructuring efforts. Trouble in China 's property market extends beyond Evergrande , with other developers also facing financial challenges . Country Garden, a significant developer, is struggling to make bond interest payments due to unfinished projects and mortgage payment issues. China 's economy is grappling with deflation, reduced growth, trade challenges, and central bank interventions. ...

Manchester United beat Newcastle United to win Carabao Cup No Newcastle! No Newcastle! No Newcastle fan wanted to miss out on this. A first Wembley final this century. But they land a first major trophy in 68 years. In their tens of thousands they came in hope. Listen to this as they come out to the tunnel of Wembley. For an occasion they lost hope of experiencing again. But 16 months under Saudi ownership and more than 200 million pounds in transfers has transformed the Magpies. If only their early chances had found the net. If only they weren't facing a Manchester United side also resurgent. If only they weren't relying on a goalkeeper playing for the first time in two years. This has stretched too far for Loris Karius. And soon a second. Oh it's deflected and in! From Marcus Rashford's shot. I've got a group of it now! Deflation felt from the terraces to the t...