Moody's Puts China on Downgrade Warning as Pressures Mount
Favicon 
www.newsmax.com

Moody's Puts China on Downgrade Warning as Pressures Mount

Ratings agency Moody's slapped a downgrade warning on China's credit rating on Tuesday‚ saying costs to bail out local governments and state firms and control its property crisis would weigh on the world's No. 2 economy. Moody's lowered the 'outlook' on China's A1 debt...