22 Oct 2015
China responds to challenges of economic rebalancing - Moody's
FXStreet (Bali) - According to Moody's rating agency, China responds to challenges of economic rebalancing.
Key headlines
Slower economic growth,rising credit risk are symptoms of the challenge that China faces with structural rebalancing
Forecast of a further GDP slowdown is supported by the pervasive weakness of indicators
China govt's concerns over growth to test its ability to implement long-term economic policy that may have shortterm negative effect on growth
Few frontier markets will see credit quality improve greatly over next 2-3 years
On frontier markets-few sovereigns well-positioned for credit improvements against backdrop of rising interest rates,slowing growth in China
Key headlines
Slower economic growth,rising credit risk are symptoms of the challenge that China faces with structural rebalancing
Forecast of a further GDP slowdown is supported by the pervasive weakness of indicators
China govt's concerns over growth to test its ability to implement long-term economic policy that may have shortterm negative effect on growth
Few frontier markets will see credit quality improve greatly over next 2-3 years
On frontier markets-few sovereigns well-positioned for credit improvements against backdrop of rising interest rates,slowing growth in China