Moody’s Downgrades China And HK, As Debt Continues To Rise Across AsiaMark Melin
May 25, 2017 update by Rupert on the big moody's china downgrade
It's not just China that's had to cope with a debt downgrade this week, Hong Kong has also seen its credit rating downgraded by ratings agency Moody's.
Shortly after downgrading China, Moody’s Investors Service has downgraded Hong Kong’s local currency and foreign currency issuer ratings to Aa2 from Aa1. The agency also shifted the outlook on the region's debt from stable from negative. Local currency bond and deposit ceilings . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible