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:
  • The world's stock markets are so hot that even China's on a rally. Analysts say it's not over yet.
    Big names, including "Big Short" investor Michael Burry and David Tepper's Appaloosa Management, have been piling into the Chinese stock markets.
    05/19/2024 - 7:10 pm | View Link
  • China leaves benchmark LPRs unchanged, in line with expectations
    Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. The five-year LPR was lowered by a decent 25-basis-point in ...
    05/19/2024 - 1:33 pm | View Link
  • China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market
    China on Friday cut the minimum down payment ratios for individuals' commercial housing mortgages and abolished mortgage floor rates nationwide as the country moves to boost the property market. The ...
    05/16/2024 - 10:12 pm | View Link
  • China credit engine goes into reverse, piles pressure on Beijing
    Central government indicates it is ready to step in with a spending boost The PBOC has room to lower borrowing costs even though that would add downward pressure on the yuan, analysts say China's ...
    05/12/2024 - 8:00 pm | View Link
  • UPDATE 2-Euro zone yields hit multi-week lows, Italian-German spread briefly tightens
    Euro zone government bond yields hit multi-week lows on Monday as markets priced in a higher chance of two rate cuts from the Federal Reserve in 2024 while fully discounting three moves by the ...
    05/6/2024 - 3:57 am | View Link
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