Moody’s downgrades Hong Kong’s rating to Aa3
FutureCFO Editors
January 21, 2020
…The stable outlook at Aa3 reflects Moody’s assessment that a one-notch gap between Hong Kong’s and China’s rating will
…The stable outlook at Aa3 reflects Moody’s assessment that a one-notch gap between Hong Kong’s and China’s rating will
…have dissipated as a result of the phase one trade deal between the US and China and the lower
China’s GDP expanded 6%in Q4 2019, according to the country’s official numbers. In the entire year of 2019, the
…record US$7 trillion in 2020. The US and UK are likely to remain the leading exporters of services, although
China’s PPI (producer price index) in December fell 0.5% from a year ago, according to data from the National
…a shadow banking crisis, and bad loans at banks, India’s economic growth is now behind China, Vietnam, and the
While China has attempted to crack down on shadow banking activities, unregulated lending is in fact growing, said China
…into 2020. Asia highlights China. In spite of the impact of Swine Flu on pork prices, many Chinese cities
…also the strongest turnaround since the tail end of the eurozone debt crisis in 2011, when China was pouring
China’s GDP growth won’t drop below 6% in 2020 and will hit 6.1% this year, wrote Sheng Songcheng, a
…over twice as much as China overseas, he added. Demographic issues are driving this, with Japan’s ageing population causing
Moody’s Investors Services said today its outlook for China’s financial institutions over the next 12 months is negative because