Moody's move may mean Chinese companies borrow more from domestic banks.
By Bloomberg News|May 24, 2017 at 09:59 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation’s finance industry.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.