{"id":2763,"date":"2021-03-09T05:10:10","date_gmt":"2021-03-09T05:10:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=2763"},"modified":"2021-03-09T05:10:10","modified_gmt":"2021-03-09T05:10:10","slug":"chinas-debt-reduction-campaign-a-2021-priority-as-coronavirus-drives-surge-in-borrowing","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=2763","title":{"rendered":"China\u2019s debt-reduction campaign a 2021 priority as coronavirus drives surge in borrowing"},"content":{"rendered":"<p>Source: South China Morning PostChina is set to resume its deleveraging campaign this year, but at a modest pace, as it seeks to balance financial risks with putting excessive downward pressure on an economy still recovering from the coronavirus shock of a year ago.The government\u2019s work report said deleveraging was one of the \u201cfive major tasks\u201d for the government in 2021, with a goal of keeping overall leverage \u2013 the ratio of debt to gross domestic product (GDP) \u2013 \u201cgenerally stable\u201d.Beijing\u2019s renewed emphasis on debt\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3124654\/chinas-debt-reduction-campaign-2021-priority-coronavirus\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina is set to resume its deleveraging campaign this year, but at a modest pace, as it seeks to balance financial risks with putting excessive downward&hellip; <\/p>\n","protected":false},"author":0,"featured_media":2764,"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\/2763"}],"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=2763"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/2764"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2763"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}