Moody’s lowers credit rating due t • Table.Briefings

Protest: Bauverzögerungen sorgen unter Chinas Immobilienkäufern für Empörung. — Abandoned construction site: China’s economy is caught in a vicious cycle of declining growth and deteriorating property prices.

Rating agency Moody’s considers the debt in China too high and the growth too low. While the evaluation does not affect the state’s financing capability, it does impact perceptions abroad.

Moody’s has downgraded its outlook for China from stable to negative in response to the increasing state debt and the worsening property crisis in the world’s second-largest economy.

Moody’s lowers credit rating due to rising debt

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