China's reforms not enough to arrest mounting debt: Moody's
China`s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody`s said.
May 26, 2017, 12:03 PM IST
Moody's downgrading based on inappropriate methodology: China
China's Finance Ministry today dismissed a credit downgrade by Moody's, saying it is based on "inappropriate methodology" and argued that the rating firm has overestimated the difficulties faced by the world's second largest economy.
May 24, 2017, 20:57 PM IST
Moody's downgrades China for the first time in 30 years, warns of fading financial strength as debt mounts
Moody`s Investors Service downgraded China`s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.
May 24, 2017, 09:17 AM IST
