{"id":8017,"date":"2019-08-29T03:01:29","date_gmt":"2019-08-28T18:01:29","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2019\/aug\/29\/coalition-must-give-up-dream-of-budget-surplus-if-china-crashes-report-says"},"modified":"2019-08-29T03:01:29","modified_gmt":"2019-08-28T18:01:29","slug":"coalition-must-give-up-dream-of-budget-surplus-if-china-crashes-report-says","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=8017","title":{"rendered":"Coalition must give up dream of budget surplus if China crashes, report says"},"content":{"rendered":"<p>Thinktank says Australia won\u2019t be able to avoid economic disruption if Chinese economy is forced into hard landing<\/p>\n<p>Australia\u2019s federal government must focus on building new free trade agreements and give up the dream of a budget surplus if the country is to withstand the impact of a hard landing by the Chinese economy, according to a new report.<\/p>\n<p>The risks to China\u2019s economy are growing \u2013 among them the US-China trade war, colossal corporate and household debts, and the mounting political crisis in Hong Kong \u2013 placing the leadership in Beijing under increasing pressure to sustain the growth that has propelled it to superpower status in the past three decades.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2019\/aug\/29\/coalition-must-give-up-dream-of-budget-surplus-if-china-crashes-report-says\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thinktank says Australia won\u2019t be able to avoid economic disruption if Chinese economy is forced into hard landingAustralia\u2019s federal government must focus on building new free trade agreements and give up the dream of a budget surplus if the country i&#8230;<\/p>\n","protected":false},"author":443,"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":[41,43,536,50,437,558,557],"tags":[],"class_list":["post-8017","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-australia-news","category-australian-economy","category-china","category-economics","category-global-economy","category-international-trade"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8017","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\/443"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8017"}],"version-history":[{"count":2,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8017\/revisions"}],"predecessor-version":[{"id":8039,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8017\/revisions\/8039"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}