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Moody’s expects China’s annual economic growth rate to slow to 4% in both 2024 and 2025, and average 3.8% a year from 2026 to 2030. Structural factors, including weaker demographics, ...
While Moody’s affirmed China’s A1 long-term local and foreign-currency issuer ratings on Tuesday — saying the economy still has a high shock-absorption capacity — it said it expects the ...
Separately, Moody's affirmed China's A1 long-term local and foreign-currency issuer ratings. The credit rating firm said it expects China's economy to grow at a 4% annual pace in 2024 and 2025, ...
HONG KONG (AP) — Credit rating agency Moody’s cut its outlook for Chinese sovereign bonds to negative on Tuesday, citing risks from a slowing economy and a crisis in its property sector.
Strangely, Moody’s decided to hold its overall credit rating on Chinese debt at investment grade A1, where it has been since 2017. Still, that is hardly a vote of confidence.
A few hours before Moody’s Investors Service announced it had cut the outlook for China’s credit rating, the news was being circulated on social media. Prior to Moody’s announcement at 3:25 ...
On December 5, Moody’s downgraded its outlook on China’s credit ratings from stable to negative. A spokesperson from Chinese Ministry of Finance responded hours later, saying Beijing is ...
Moody’s Investors Service has withdrawn Fosun International Ltd.’s credit ratings, citing insufficient information and months after the Chinese private conglomerate terminated the risk ...
Moody’s cuts China banks outlook after sovereign downgrade Dec. 6, 2023 Updated Wed., Dec. 6, 2023 at 9:37 a.m. A person walks past the People’s Bank of China in Beijing on Dec. 22, 2022.