China's producer deflation deepened to its worst level in almost two years in May while consumer prices extended declines, as the economy grappled with trade tensions and a prolonged housing downturn.

Asia stock markets rise on Monday as investors assessed potential easing of US-China trade tensions and the latest economic data. Market participants also turned their attention to upcoming US-China trade talks,

After a poll of 112 member companies in China, the results - emerging against a backdrop of sustained China-US trade tensions and heightened tariff barriers - should give pause for thought. Since the US government designated China as a "primary strategic competitor" and implemented policies aimed at "decoupling and severing supply chains,

China's export growth slowed down to a three-month low in May, official data showed on Monday, while shipments to the U.S. also plunged due

Prolonged economic challenges tend to generate their own terminology. When the US struggled with low growth and below-target inflation in the years after the 2008 crisis, the oft-used phrase was “secular stagnation.

Despite ongoing trade talks, detangling the American and Chinese economies still seems to be the end goal for the Trump administration. However, the process will cost billions and take years.

Officials from both sides are set to talk on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fragile truce between the countries.

The economy got a relief after the U.S. and China struck a preliminary deal in Switzerland that led both sides to drop a majority of respective tariffs.