Moody’s agency lowered China’s debt rating on fears about the country’s long-term growth prospects.
Moody’s global rating agency lowered its rating on China’s sovereign debt by one notch, to A1 from Aa3, and also changed its outlook for further rating changes to stable from negative. The move brings Moody’s in line with another major ratings company, Fitch Ratings agency. Standard & Poor’s ratings agency rates China a notch higher […]
