{"id":506023,"date":"2026-07-02T10:27:12","date_gmt":"2026-07-02T10:27:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/506023\/"},"modified":"2026-07-02T10:27:12","modified_gmt":"2026-07-02T10:27:12","slug":"china-faces-policy-test-as-subsidy-pullback-hits-auto-appliance-sales","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/506023\/","title":{"rendered":"China faces policy test as subsidy pullback hits auto, appliance sales"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/economy\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Economy<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Fading retail indicators raise pressure for second-half stimulus, deepen export reliance<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/9\/6.jpeg\" alt=\"20260702 Cars Appliances\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Weak consumer sentiment is weighing on Chinese\u00a0sales of big-ticket items like cars and home appliances.\u00a0(Nikkei montage\/Source photos by Ken Kobayashi and Reuters)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">SHANGHAI &#8212; Sales of cars, air conditioners and TVs fell rapidly in China last month as the impact of government subsidies faded, raising pressure on policymakers to stimulate the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Economy Fading retail indicators raise pressure for second-half stimulus, deepen export reliance Weak consumer sentiment is weighing on&hellip;\n","protected":false},"author":2,"featured_media":506024,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[29766,2440,138,607,219,6119,4508,111,139,69,7254,86650,667,12720,765],"class_list":["post-506023","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-appliance","tag-auto","tag-business","tag-china","tag-economy","tag-faces","tag-hits","tag-new-zealand","tag-newzealand","tag-nz","tag-policy","tag-pullback","tag-sales","tag-subsidy","tag-test"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/506023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=506023"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/506023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/506024"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=506023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=506023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=506023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}