{"id":8887,"date":"2021-01-15T13:23:04","date_gmt":"2021-01-15T13:23:04","guid":{"rendered":"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3117962\/chinas-economy-set-receive-necessary-support-coronavirus"},"modified":"2021-01-15T13:23:04","modified_gmt":"2021-01-15T13:23:04","slug":"chinas-economy-set-to-receive-necessary-support-for-coronavirus-recovery-this-year-central-bank-says","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/15\/chinas-economy-set-to-receive-necessary-support-for-coronavirus-recovery-this-year-central-bank-says\/","title":{"rendered":"China\u2019s economy set to receive \u2018necessary support\u2019 for coronavirus  recovery this year, central bank says"},"content":{"rendered":"China\u2019s central bank on Friday played down the urgency of an immediate change in key interest rates and vowed to maintain necessary monetary support for economic recovery from the pandemic, amid growing expectations it will gradually tighten credit conditions this year.Officials at the People\u2019s Bank of China (PBOC) were also calm about the rapid appreciation in the yuan\u2019s exchange rate and recent fluctuations, although they said a strong Chinese currency was unfavourable for exports and could\u2026\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3117962\/chinas-economy-set-receive-necessary-support-coronavirus\">South China Morning Post<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>China\u2019s central bank on Friday played down the urgency of an immediate change in key interest rates and vowed to maintain necessary monetary support for economic recovery from the pandemic, amid growing expectations it will gradually tighten credit con&#8230;<\/p>\n","protected":false},"author":761,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/8887"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/761"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=8887"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/8887\/revisions"}],"predecessor-version":[{"id":8888,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/8887\/revisions\/8888"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=8887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=8887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=8887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}