Thursday, October 22, 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
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