{"id":23977,"date":"2020-10-19T22:41:54","date_gmt":"2020-10-19T13:41:54","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/oct\/19\/china-economy-covid-crisis-beijing"},"modified":"2020-10-19T22:41:54","modified_gmt":"2020-10-19T13:41:54","slug":"chinas-economy-was-first-in-to-covid-crisis-and-is-first-out","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=23977","title":{"rendered":"China&#8217;s economy was first in to Covid crisis \u2013 and is first out"},"content":{"rendered":"<p>Beijing was fast to respond and increased public investment; it has not faced a second wave<\/p>\n<p>By its own standards, China\u2019s economy is having a bad year. After four decades of stellar growth, the east Asian country will barely expand at all in 2020.<\/p>\n<p>But just about every country \u2013 big or small \u2013 has faced a hit from the <a href=\"https:\/\/www.theguardian.com\/world\/coronavirus-outbreak\">Covid-19 <\/a>pandemic, and China has <a href=\"https:\/\/www.theguardian.com\/business\/2020\/oct\/19\/china-becomes-first-major-economy-to-recover-from-covid-19-pandemic\">suffered less than most.<\/a> Whereas most western industrialised nations are still struggling to get back to where they were before the virus struck, Beijing has reported that there was year-on-year growth in the third quarter.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/oct\/19\/china-economy-covid-crisis-beijing\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing was fast to respond and increased public investment; it has not faced a second waveBy its own standards, China\u2019s economy is having a bad year. After four decades of stellar growth, the east Asian country will barely expand at all in 2020.But ju&#8230;<\/p>\n","protected":false},"author":647,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[6,50,437,42],"tags":[],"class_list":["post-23977","post","type-post","status-publish","format-standard","hentry","category-business","category-china","category-economics","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/647"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23977"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23977\/revisions"}],"predecessor-version":[{"id":23978,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/23977\/revisions\/23978"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}