Wednesday 24th of May 2017 03:28:10 AM
.... The new move frustrated Beijing, where the finance ministry accused Moody’s of overestimating the risks facing the economy. “Moody’s views that China’s non-financial debt will rise rapidly and the government would continue to maintain growth via stimulus measures are exaggerating difficulties facing the Chinese economy
, and underestimating the Chinese government’s ability to deepen supply-side structural reform and appropriately expand aggregate demand,” the ministry said in a statement. ...
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Wednesday 24th of May 2017 12:48:29 PM