Similar Stories to Moody's Cuts China Credit Rating Over Rising Debt on Bing News

Credit rating agency Moody's has cut its credit rating for China due to the country's surging debt, prompting a protest by Beijing and highlighting its challenges in overhauling a slowing economy

Topics:  moody   china   beijing   debt   credit rating   
BING NEWS:
  • China's discount wars risk cementing frugal consumer mindset
    they force tough cost cuts onto their suppliers, squeezing profit margins. This in turn leads to lower wage growth or higher dependency on low-paid gig work, hurting household demand. "If this ...
    06/10/2024 - 8:38 pm | View Link
  • Analysis-China's Discount Wars Risk Cementing Frugal Consumer Mindset
    they force tough cost cuts onto their suppliers, squeezing profit margins. This in turn leads to lower wage growth or higher dependency on low-paid gig work, hurting household demand. "If this ...
    06/10/2024 - 4:37 pm | View Link
  • Biden Pushes Back on the Case for China’s Economic Rebound. That’s Bad News for Chinese Stocks.
    President Joe Biden recently explained why he doesn't think China's economy is recovering. Here's why this is bad for Chinese stocks.More From InvestorPlace The #1 AI Investment Might Be This Company ...
    06/10/2024 - 11:51 am | View Link
  • Fitch raises Cyprus’ credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline
    The Fitch agency says it has raised Cyprus’ credit rating by a notch to BBB+. In its statement Saturday, Fitch cited Cyprus' heightened ability to withstand financial shocks, the government's commitme ...
    06/7/2024 - 1:18 pm | View Link
  • China's Exports Seen Rising More Quickly in May, Boosting Growth Prospects: Reuters Poll
    The International Monetary Fund last week revised up its China growth forecast by 0.4 percentage points to 5% for 2024 and 4.5% in 2025, but warned the property sector remained a key growth risk.
    06/4/2024 - 10:49 pm | View Link
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