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Morning Bid: China deflation, U.S. inflation – both dent sentiment

News Snapshot:

Aug 10 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Lingering concern over China's slide into deflation and caution ahead of U.S. inflation data will keep markets in check on Thursday, as investors also eye India's interest rate decision, wholesale inflation from Japan and Philippine GDP data. Renewed tension between the United States and China could be back on investors' radar, with the White House detailing plans to prohibit some U.S. investments in Chinese technology, and requiring that the government be notified of other investments. Although Chinese stocks fell for a…

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