{"id":127255,"date":"2010-01-02T09:09:00","date_gmt":"2010-01-02T14:09:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/2010-will-be-the-year-of-china-and-not-in-a-good-way-2010-1"},"modified":"2010-01-02T09:09:00","modified_gmt":"2010-01-02T14:09:00","slug":"2010-will-be-the-year-of-china-and-not-in-a-good-way","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/127255","title":{"rendered":"2010 Will Be The Year Of China &#8212; And Not In A Good Way"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=417a6c79054ac9496aab5400\" border=\"0\" alt=\"paulkrugman explaining tbi\" \/><\/p>\n<\/p>\n<p><em>China&#8217;s yuan peg <a href=\"http:\/\/www.businessinsider.com\/chinas-mercantilist-policies-are-taking-away-close-to-14-million-us-jobs-2009-12\">is costing us 1.4 million jobs<\/a>, Paul Krugman says.&nbsp; And protectionism is a perfectly reasonable response.<\/em><\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2010\/01\/01\/opinion\/01krugman.html?em\">NYT:<\/a>&nbsp; &#8230;China has become a major financial and trade power. But it doesn&rsquo;t act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially high. And in today&rsquo;s depressed world, that policy is, to put it bluntly, predatory.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2010\/01\/01\/opinion\/01krugman.html?em\">Keep reading at the New York Times &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/2010-will-be-the-year-of-china-and-not-in-a-good-way-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/best-economic-chart-of-the-decade-2009-12\">The Graph That Says Everything About The Decade<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/henry-blodget-even-the-new-york-times-now-concludes-that-mortgage-modifications-have-been-a-disaster-2010-1\">Mortgage Modifications Have Done More Harm Than Good, The NYT Concludes<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/nA_XXyeTN4g\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s yuan peg is costing us 1.4 million jobs, Paul Krugman says.&nbsp; And protectionism is a perfectly reasonable response. NYT:&nbsp; &#8230;China has become a major financial and trade power. But it doesn&rsquo;t act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially high. And in today&rsquo;s depressed world, that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-127255","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/127255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=127255"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/127255\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=127255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=127255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=127255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}