{"id":1492,"date":"2018-10-20T06:22:29","date_gmt":"2018-10-20T06:22:29","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=1492"},"modified":"2018-10-20T06:22:29","modified_gmt":"2018-10-20T06:22:29","slug":"india-shining-china-in-trouble-chinese-growth-rate-falls-to-slowest-in-10-years","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=1492","title":{"rendered":"India shining, China in trouble.. Chinese growth rate falls to slowest in 10 years"},"content":{"rendered":"<p><strong>Beijing, <\/strong>China&#8217;s economic growth slumped to its lowest since 2009 as it grew by 6.5 per cent in the third quarter from a year earlier.<\/p>\n<p>The announcement by the Chinese government on Friday comes at a time when Beijing is locked in a bleeding trade war with Washington.<\/p>\n<p>China&#8217;s National Bureau of Statistics said the economy saw a growth of 6.5 per cent in the third quarter on a yearly basis, below the expected rate of 6.6 per cent and slower than 6.7 per cent in the second quarter of this year.<\/p>\n<p>China is a $14 trillion-economy, second after the US. No country has risen economically as fast as China, which managed to clock double-digit growth for 30 years until 2013.<\/p>\n<p>However, various factors have slowed down the Asian giant&#8217;s economic growth.<\/p>\n<p>China is engaged in a gruelling trade war started by the US, which has slapped tariffs worth $250 billion on Chinese goods in response to &#8220;unfair trade&#8221; practices by Beijing.<\/p>\n<p>Beijing has hit back by imposing additional taxes on American goods worth $110 billion.<\/p>\n<p>US President Donald Trump has shown no signs of talks with China and even threatened tariffs on the remaining Chinese goods worth $267 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing, China&#8217;s economic growth slumped to its lowest since 2009 as it grew by 6.5 per cent in the third quarter from a year earlier. The announcement by the Chinese government on Friday comes at a time when Beijing is locked in a bleeding trade war with Washington. China&#8217;s National Bureau of Statistics said the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-1492","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1492"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1492\/revisions"}],"predecessor-version":[{"id":1494,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1492\/revisions\/1494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/1493"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}