{"id":440317,"date":"2021-10-05T10:59:23","date_gmt":"2021-10-05T05:29:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440317"},"modified":"2021-10-05T12:36:58","modified_gmt":"2021-10-05T07:06:58","slug":"power-outage-manufacturing-slump-key-things-to-know-to-know-about-chinas-economy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-outage-manufacturing-slump-key-things-to-know-to-know-about-chinas-economy\/","title":{"rendered":"Power outage, manufacturing slump: Key things to know to know about China\u2019s economy"},"content":{"rendered":"<p>NEW DELHI: World&#8217;s second largest economy, China, has been facing a slew of challenges ranging from power crunch to slowdown in its manufacturing sector. <\/p>\n<p>The debt crunch at one of the biggest real estate firm&#8217;s in the country, Evergrande, has also spilled over to the property sector and unsettled global financial markets. <\/p>\n<p>If unresolved, the company will face what could be one the country&#8217;s largest-ever restructuring. <\/p>\n<p>Some experts believed it to be a &#8216;Lehman moment&#8217; and said that a replay of the bankruptcy of Wall Street titan Lehman Brothers during the 2008 global financial crisis was on the cards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: World&#8217;s second largest economy, China, has been facing a slew of challenges ranging from power crunch to slowdown in its manufacturing sector. The debt crunch at one of the biggest real estate firm&#8217;s in the country, Evergrande, has also spilled over to the property sector and unsettled global financial markets. If unresolved, the company will face what could be one the country&#8217;s largest-ever restructuring. Some experts believed it to be a &#8216;Lehman moment&#8217; and said that a replay of the bankruptcy of Wall Street titan Lehman Brothers during the 2008 global financial crisis was on the cards.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-440317","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=440317"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440317\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}