For China Now, the Only Question Is the Size of the Bill - InvestingChannel

For China Now, the Only Question Is the Size of the Bill

“With its decision, Moody’s essentially recognized that the task of resolving China’s debt problems is going to bear more and more heavily on the state and the economy. “The downgrade,” the agency explained, “reflects Moody’s expectation that China’s financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows.””