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Moody#39;s downgrades China credit rating outlook on debt fears

“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.

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​ “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  

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