{"id":60513,"date":"2017-10-23T01:02:02","date_gmt":"2017-10-23T05:02:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=60513"},"modified":"2017-10-23T01:02:02","modified_gmt":"2017-10-23T05:02:02","slug":"chinas-central-bank-warns-of-minsky-moment-as-economy-powers-ahead","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2017\/chinas-central-bank-warns-of-minsky-moment-as-economy-powers-ahead.html","title":{"rendered":"China&#8217;s Central Bank Warns of &#8216;Minsky Moment&#8217; as Economy Powers Ahead"},"content":{"rendered":"<p>(Reuters) China\u2019s central bank chief on Thursday issued a stark warning about asset bubbles in the world\u2019s second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending. Speaking on the sidelines of the closely-watched, twice-a-decade Communist Party Congress, People\u2019s Bank of China Governor Zhou Xiaochuan spoke of the risks of a \u201cMinsky moment\u201d in the economy, referring to a sudden collapse in asset prices after long periods of growth, sparked by debt or currency pressures.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-china-economy-gdp\/chinas-central-bank-warns-of-minsky-moment-as-economy-powers-ahead-idUSKBN1CN38P\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) China\u2019s central bank chief on Thursday issued a stark warning about asset bubbles in the world\u2019s second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60513","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=60513"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60513\/revisions"}],"predecessor-version":[{"id":60515,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60513\/revisions\/60515"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=60513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=60513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=60513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}