Stable rating view
By Hu Xiaocen |
April 27, 2012, Friday
|
Print Edition
Print Edition
CHINA'S sovereign rating outlook stays positive although economic growth may slow to 7.5-8.5 percent this year and next, Moody's Investors Service said yesterday.
The outlook for China's Aa3 foreign and local currency bond ratings are positive, supported by favorable medium-term economic growth prospects and strong government debt dynamics, the rating agency said.
Also yesterday, the Institute of Economics of the Chinese Academy of Social Sciences cut its outlook for China's economic growth this year to 8.7 percent from 8.9 percent.
The outlook for China's Aa3 foreign and local currency bond ratings are positive, supported by favorable medium-term economic growth prospects and strong government debt dynamics, the rating agency said.
Also yesterday, the Institute of Economics of the Chinese Academy of Social Sciences cut its outlook for China's economic growth this year to 8.7 percent from 8.9 percent.
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