Moody’s downgrades China rating to A1 from Aa3, with stable outlook

by Dramelin 6:00 PM 0 comments

Moody`s Investors Service on Wednesday downgraded China`s credit rating to A1 from Aa3, changing its outlook to stable from negative.
Moody`s said the rating reflects expectation that China`s financial strength will erode somewhat over the coming years.
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