“The change to a negative outlook reflects rising evidence that financial support will be provided by the government and wider public sector to financially stressed regional and local governments… and state-owned enterprises, posing broad downside risks to China#39;s fiscal, economic and institutional strength,” Moody#39;s said in a note.
“The change to a negative outlook reflects rising evidence that financial support will be provided by the government and wider public sector to financially stressed regional and local governments… and state-owned enterprises, posing broad downside risks to China#39;s fiscal, economic and institutional strength,” Moody#39;s said in a note. “The change to a negative outlook reflects rising evidence that financial support will be provided by the government and wider public sector to financially stressed regional and local governments… and state-owned enterprises, posing broad downside risks to China#39;s fiscal, economic and institutional strength,” Moody#39;s said in a note. Moneycontrol Latest News Read More