{"id":56307,"date":"2021-12-07T02:13:37","date_gmt":"2021-12-06T22:13:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=56307"},"modified":"2021-12-07T02:14:44","modified_gmt":"2021-12-06T22:14:44","slug":"china-to-boost-slowing-economy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/china-to-boost-slowing-economy\/12\/07\/market-updates\/","title":{"rendered":"China To Boost Slowing Economy"},"content":{"rendered":"\n<p>China recorded a steep economic slowdown in Q3 as its pandemic bounce fades\u2014and now, Beijing is taking on longer-term issues including household debt and energy consumption. <br><br>China\u2019s central bank said it would reduce the amount of money banks are required to set aside, as a reserve, as it moved to stimulate a slowing economy that has been weighed down by a slump in the property market.<br><br>The effort to inject liquidity into the financial system signals Beijing\u2019s growing concerns about the growth outlook for the world\u2019s second largest economy. <br><br>The latest move comes as the government has taken a flurry of measures to avoid a downward spiral in the housing market and stabilize heavily indebted developers such as China Evergrande Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China recorded a steep economic slowdown in Q3 as its pandemic bounce fades\u2014and now, Beijing is taking on longer-term issues including household debt and energy consumption. China\u2019s central bank said it would reduce the amount of money banks are required to set aside, as a reserve, as it moved to stimulate a slowing economy that &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31476,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[8233,6832,7540,7479,8234,7826,7449],"class_list":["post-56307","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-cash-reserves","tag-china","tag-chinese-economy","tag-evergrande","tag-property-market","tag-q3","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=56307"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56307\/revisions"}],"predecessor-version":[{"id":56311,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56307\/revisions\/56311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31476"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}