{"id":776956,"date":"2026-07-22T01:57:18","date_gmt":"2026-07-22T01:57:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/776956\/"},"modified":"2026-07-22T01:57:18","modified_gmt":"2026-07-22T01:57:18","slug":"soaring-egg-prices-expose-cracks-in-two-track-china-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/776956\/","title":{"rendered":"Soaring egg prices expose cracks in two-track China economy"},"content":{"rendered":"<p>Soaring egg prices in China sparked anger across the country, highlighting the contrast between its slowing national economy and consumer cost pressures. <\/p>\n<p>Beijing recently said that GDP grew 4.3% in the three months to June, <a href=\"https:\/\/www.theguardian.com\/business\/2026\/jul\/15\/china-economy-low-quarterly-growth-economic-concerns\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">one of the lowest quarterly readings on record<\/a>, and many experts question whether the world\u2019s second-largest economy achieved even that: Some believe China\u2019s true growth rate may in fact be zero, \u201c<a href=\"https:\/\/www.wsj.com\/opinion\/chinas-economy-is-in-worse-shape-than-you-think-95792af7\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">or that the economy is in outright recession,<\/a>\u201d an analyst wrote in The Wall Street Journal. <\/p>\n<p>Yet rising energy prices resulting from the Iran war have pushed some costs higher \u2014 egg prices are up 40% year-on-year \u2014 in what The New York Times characterized as \u201c<a href=\"https:\/\/www.nytimes.com\/2026\/07\/20\/business\/china-eggs-expensive.html\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">a paradox in an economy still struggling<\/a>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Soaring egg prices in China sparked anger across the country, highlighting the contrast between its slowing national economy&hellip;\n","protected":false},"author":2,"featured_media":776957,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-776956","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/776956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=776956"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/776956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/776957"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=776956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=776956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=776956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}