People on Wall Street are talking about China as if it has a disease they don't want to catch

REUTERS/Chance Chan Wall Street is talking about China as if it has a disease — deflation — and is about to pass it to the rest of the world.  It's an issue that comes up with China from time to time, and it has two parts. As China's economy goes through the painful transition from an investment-based economy to one based on consumer spending, its demand for materials — especially commodities — that it once consumed in great volume will decrease, suppressing prices and hurting commodit...