{"id":145097,"date":"2022-08-29T04:24:41","date_gmt":"2022-08-29T09:24:41","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/08\/chinas-growth-prospects-weaken-as-economists-cut-2023-forecasts"},"modified":"2022-08-29T04:24:41","modified_gmt":"2022-08-29T09:24:41","slug":"chinas-growth-prospects-weaken-as-economists-cut-2023-forecasts","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/08\/chinas-growth-prospects-weaken-as-economists-cut-2023-forecasts","title":{"rendered":"China\u2019s Growth Prospects Weaken as Economists Cut 2023 Forecasts"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/chinas-growth-prospects-weaken-as-economists-cut-2023-forecasts2.jpg\"><\/a><\/p>\n<p>Economists are turning more bearish about China\u2019s economy, downgrading their growth forecasts further for 2022 and seeing lingering risks into next year as turmoil in the property market and Covid outbreaks persist.<\/p>\n<p>The economy is now projected to grow just 3.5% this year, down from a previous forecast of 3.9%, according to Bloomberg\u2019s latest quarterly survey of economists. Growth projections for the first three quarters of next year were also lowered \u2014 by 0.1\u22120.4 percentage points \u2014 although the median for the whole of 2023 remained unchanged at 5.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economists are turning more bearish about China\u2019s economy, downgrading their growth forecasts further for 2022 and seeing lingering risks into next year as turmoil in the property market and Covid outbreaks persist. The economy is now projected to grow just 3.5% this year, down from a previous forecast of 3.9%, according to Bloomberg\u2019s latest quarterly [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-145097","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/145097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=145097"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/145097\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=145097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=145097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=145097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}