{"id":165727,"date":"2023-08-09T15:28:23","date_gmt":"2023-08-09T07:28:23","guid":{"rendered":"https:\/\/www.chinapulse.com\/?p=521362"},"modified":"2023-08-09T15:28:23","modified_gmt":"2023-08-09T07:28:23","slug":"chinas-deflation-how-the-worlds-second-largest-economy-is-responding-to-downturn","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2023\/08\/09\/chinas-deflation-how-the-worlds-second-largest-economy-is-responding-to-downturn\/","title":{"rendered":"China\u2019s Deflation: How the World\u2019s Second-Largest Economy Is Responding to Downturn?"},"content":{"rendered":"<p>China on Wednesday reported it had entered deflation for the first time since 2021 \u2014 the latest indicator pointing to a slowdown in the world\u2019s second-largest economy. Here\u2019s how Beijing is attempting to reverse the downturn:<\/p>\n<p>&#8211; Targeted stimulus &#8211;<\/p>\n<p>During the global financial crisis of the late 2000s, China unveiled a massive four trillion yuan ($556 billion at current exchange rates) stimulus plan.&#8230;<\/p>\n<p>This data comes from the <a href=\"https:\/\/www.chinapulse.com\/\" title=\"ChinaPulse.com provides Media Intelligence and Media Monitoring in China\" >ChinaPulse.com media intelligence and smart news insights monitoring platform<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China on Wednesday reported it had entered deflation for the first time since 2021 \u2014 the latest indicator pointing to a slowdown in the world\u2019s second-largest economy. Here\u2019s how Beijing is attempting to reverse the downturn:<br \/>\n&#8211; Targeted stimulus &#8230;<\/p>\n","protected":false},"author":250,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[669,65,144,213,1527,586,671,477,288,194,472,484],"tags":[3472,10324,10318,3929,3942,3556,2724,2379,4441,5256,8399,4886],"class_list":["post-165727","post","type-post","status-publish","format-standard","hentry","category-bank","category-beijing","category-china","category-china-news","category-currency","category-economy","category-finance","category-investment","category-medicine","category-news-chinese-law","category-renminbi","category-united-states","tag-chinese","tag-covid-19","tag-dollar","tag-espionage","tag-europe","tag-export","tag-exports","tag-financial-crisis","tag-goldman-sachs","tag-healthcare","tag-spy","tag-yuan"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/165727"}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=165727"}],"version-history":[{"count":2,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/165727\/revisions"}],"predecessor-version":[{"id":165731,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/165727\/revisions\/165731"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=165727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=165727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=165727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}