{"id":132476,"date":"2025-07-08T22:00:17","date_gmt":"2025-07-08T22:00:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=132476"},"modified":"2025-07-08T22:00:17","modified_gmt":"2025-07-08T22:00:17","slug":"china-told-its-officials-to-tighten-their-belts-did-they-go-a-notch-too-far","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=132476","title":{"rendered":"China told its officials to tighten their belts. Did they go a notch too far?"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThis is the first story in a three-part series exploring the domestic economic challenges China faces as it navigates an unprecedented trade war with the United States. In this piece, we explore Beijing\u2019s drive to rein in wasteful government spending \u2013 and its unintended consequences.<br \/>\nWang, a civil servant from a small town in northeastern China, is too scared to go to restaurants these days. He even skipped his niece\u2019s wedding due to his fear of being seen at a banquet.<br \/>\nAn avid foodie, the&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3317362\/china-told-its-officials-tighten-their-belts-did-they-go-notch-too-far?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThis is the first story in a three-part series exploring the domestic economic challenges China faces as it navigates an unprecedented trade war with&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132476"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132476"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132476\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132476"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}