Will Moody's downgrade its long-term credit rating for China before 7 December 2024?
Started
Dec 08, 2023 06:00PM UTC
Closing Dec 07, 2024 08:01AM UTC
Closing Dec 07, 2024 08:01AM UTC
Challenges
On 5 December 2023, Moody's Investor Service (Moody's) changed its ratings outlook for China to negative, citing surging local government debt and a deepening property crisis (Voice of America, Moody's, Investopedia - Credit Ratings Scale, Trading Economics).
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