{"id":6135,"date":"2021-04-14T09:42:52","date_gmt":"2021-04-14T09:42:52","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=6135"},"modified":"2021-04-14T09:42:52","modified_gmt":"2021-04-14T09:42:52","slug":"china-debt-local-government-spending-under-microscope-to-protect-national-economy-from-systemic-risk","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=6135","title":{"rendered":"China debt: local government spending under microscope to protect national economy from \u2018systemic risk\u2019"},"content":{"rendered":"<p>Source: South China Morning PostThe Chinese leadership regards the prevention of implicit local government debt risks as an \u201cimportant political discipline and rule\u201d, implying that there are plans for more forceful measures to defuse the debt bomb and lower its potential threat to the world\u2019s second-largest economy.It is also Beijing\u2019s answer to lingering calls for expansionary policies, particularly the launch of new projects, highlighting its intention to shift away from an investment-driven growth model.The requirement was\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3129510\/china-debt-local-government-spending-under-microscope-protect\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostThe Chinese leadership regards the prevention of implicit local government debt risks as an \u201cimportant political discipline and rule\u201d, implying that there are plans for more&hellip; <\/p>\n","protected":false},"author":0,"featured_media":6136,"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\/6135"}],"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=6135"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/6135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/6136"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6135"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}