Moody’s first downgrade of China since 1989, cites debt risk & slowing economy

https://www.rt.com/business/389542-moodys-downgrades-china-rating/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

International rating agency Moody’s has downgraded China’s credit rating to A1 from Aa3, saying it expects the financial strength of the economy to erode in the coming years as growth slows and debt continues to rise.
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