Moody’s Downgrade of China Crediting Rating Casts Shadow Over China’s Fragile Investor Sentiment, Says Analyst

NTD Video
By NTD Video
December 6, 2023China in Focus
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Financial giant Moody’s just downgraded its outlook for the world’s second-largest economy alongside a new trend for China’s credit ratings: shifting ‘stable’ to ‘negative.’

The move marks the latest sign of mounting global concern over China’s surging local debts and a deepening property crisis.

Carlos Casanova, a senior Asia economist, speaks more on this matter.

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