{"id":8262,"date":"2013-08-12T19:49:05","date_gmt":"2013-08-12T23:49:05","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8262"},"modified":"2013-08-12T19:49:05","modified_gmt":"2013-08-12T23:49:05","slug":"china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/","title":{"rendered":"China &#8216;hard landing&#8217; could trigger Australia recession: Standard &#038; Poor &#8211; The Economic Times"},"content":{"rendered":"<blockquote><p>&#8220;Australia&#8217;s exposure to commodity demand from Asia, and China in particular, was a saving grace during the global recession of 2009. But by the same token it has become Australia&#8217;s Achilles&#8217; heel,&#8221; the ratings giant [<span>Standard &amp; Poor&#8217;s] <\/span>said.<\/p>\n<p>&#8220;Particularly while mining investment remains such a large share of the Australian economy, and other sectors continue to lack growth momentum, Australia remains highly sensitive to a sharp correction in China&#8217;s economic growth.&#8221;<\/p><\/blockquote>\n<p>Read more at <a href=\"http:\/\/economictimes.indiatimes.com\/news\/international-business\/china-hard-landing-could-trigger-australia-recession-standard-poor\/articleshow\/21702535.cms?intenttarget=no\">China &#8216;hard landing&#8217; could trigger Australia recession: Standard &amp; Poor &#8211; The Economic Times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Australia&#8217;s exposure to commodity demand from Asia, and China in particular, was a saving grace during the global recession of 2009. But by the same token it has become Australia&#8217;s Achilles&#8217; heel,&#8221; the ratings giant [Standard &amp; Poor&#8217;s] said. &#8220;Particularly while mining investment remains such a large share of the Australian economy, and other sectors &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;China &#8216;hard landing&#8217; could trigger Australia recession: Standard &#038; Poor &#8211; The Economic Times&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,41,5],"tags":[1527,1647,2880],"class_list":["post-8262","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-china-hk","category-economy","tag-gdp-growth","tag-hard-landing","tag-recession"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China &#039;hard landing&#039; could trigger Australia recession: Standard &amp; Poor - The Economic Times - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China &#039;hard landing&#039; could trigger Australia recession: Standard &amp; Poor - The Economic Times - the patient investor\" \/>\n<meta property=\"og:description\" content=\"&#8220;Australia&#8217;s exposure to commodity demand from Asia, and China in particular, was a saving grace during the global recession of 2009. But by the same token it has become Australia&#8217;s Achilles&#8217; heel,&#8221; the ratings giant [Standard &amp; Poor&#8217;s] said. &#8220;Particularly while mining investment remains such a large share of the Australian economy, and other sectors &hellip; Continue reading &quot;China &#8216;hard landing&#8217; could trigger Australia recession: Standard &#038; Poor &#8211; The Economic Times&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-12T23:49:05+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"China &#8216;hard landing&#8217; could trigger Australia recession: Standard &#038; Poor &#8211; The Economic Times\",\"datePublished\":\"2013-08-12T23:49:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\"},\"wordCount\":101,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"GDP growth\",\"hard landing\",\"Recession\"],\"articleSection\":[\"Australia &amp; NZ\",\"China &amp; HK\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\",\"name\":\"China 'hard landing' could trigger Australia recession: Standard & Poor - The Economic Times - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-08-12T23:49:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/china-hard-landing-could-trigger-australia-recession-standard-poor-the-economic-times\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China &#8216;hard landing&#8217; could trigger Australia recession: Standard &#038; Poor &#8211; The Economic Times\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Australian consumers have already worked this out, with sentiment plunging to record lows. The bellwether of the Australian economy is housing. Prices are tumbling, with annual growth now close to zero.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-12-09-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":43272,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/08\/02\/manufacturing-slows-but-labor-market-raises-hope-of-a-soft-landing\/","url_meta":{"origin":8262,"position":2},"title":"Manufacturing slows but labor market hope for a soft landing","author":"Colin Twiggs","date":"August 2, 2023","format":false,"excerpt":"ISM continues to warn of slowing activity, with Manufacturing PMI at 46.4% for July. Readings below 50 signal contraction. Manufacturing new orders increased over the past two months. A reliable leading indicator for the overall economy, the reading of 47.3% warns that the sector continues to contract but at a\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-01-ism-manufacturing-pmi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-01-ism-manufacturing-pmi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-01-ism-manufacturing-pmi.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":41746,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/04\/22\/recession-in-2023\/","url_meta":{"origin":8262,"position":3},"title":"Recession in 2023","author":"Colin Twiggs","date":"April 22, 2023","format":false,"excerpt":"The S&P 500 continues to test resistance between 4200 and 4300 but the chances of a breakout appear low. Annual rate of change continues to signal a primary down-trend. Conference Board Leading Economic Index has fallen to -8.1%, warning of a recession. Readings below -5% have preceded every recession over\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-22-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-22-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-22-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":20136,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/03\/26\/australia-itll-all-be-over-by-christmas\/","url_meta":{"origin":8262,"position":4},"title":"Australia: &#8220;It&#8217;ll all be over by Christmas&#8221;","author":"Colin Twiggs","date":"March 26, 2020","format":false,"excerpt":"Consumer confidence plunged to record lows according to the March ANZ-Roy Morgan poll. Not hard to figure out why. The Leading Indicator of Employment is dropping sharply. The biggest contributor was the NBSC Purchasing Managers Index for Manufacturing Output for China which fell -7.6% in March and -17.9% over the\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6890,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/06\/non-mining-australia-in-recession-last-quarter-macrobusiness\/","url_meta":{"origin":8262,"position":5},"title":"Non-mining Australia \u201cin recession\u201d last quarter &#124; MacroBusiness","author":"Colin Twiggs","date":"March 6, 2013","format":false,"excerpt":"Leith van Onselen considers that Australia\u2019s non-mining economy may be in recession based on two consecutive quarters of negative growth in state final demand: The blanket statement that Australia grew close to trend in 2012 not only obfuscates the fact that the current growth rate is well below trend and\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8262"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8262\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}