{"id":683672,"date":"2026-05-20T20:11:18","date_gmt":"2026-05-20T20:11:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/683672\/"},"modified":"2026-05-20T20:11:18","modified_gmt":"2026-05-20T20:11:18","slug":"china-cuts-spending-the-most-in-six-months-in-blow-to-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/683672\/","title":{"rendered":"China Cuts Spending the Most in Six Months in Blow to Economy"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">China scaled back government spending at its fastest pace in six months in April, a move that contributed to an <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-18\/china-economy-slows-sharply-as-investment-returns-to-contraction\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">unexpected slowdown<\/a> in the economy across the board.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">A broad measure of public expenditure fell 7.3% from a year ago, accelerating from the 2.5% decrease in March to mark its sharpest decline since October, according to Bloomberg calculations based on Ministry of Finance data released Wednesday. By contrast, broad fiscal revenue rose 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"China scaled back government spending at its fastest pace in six months in April, a move that contributed&hellip;\n","protected":false},"author":2,"featured_media":683673,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,512,26287,11758,21375,182,5693,164,11054,3786,20309,4217,6626,171],"class_list":["post-683672","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-china","tag-china-renminbi-spot","tag-construction","tag-consumer-spending","tag-economic-growth","tag-economics","tag-economy","tag-exports","tag-government","tag-government-spending","tag-infrastructure","tag-logistics","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/683672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=683672"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/683672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/683673"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=683672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=683672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=683672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}