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  • August 23, 2014
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Results 1 - 5 of 5 for moody's

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  1. Business - Economy - CHINA

    Private sector crucial to sustain China growth, Moody's says

    Posted Dec 05th 2013, 06:00am by JOANNA CHIU

    ... Joanna Chiu joanna.chiu@scmp.com Ratings agency says freer flow of state capital will help ease funding pressures on SOEs Private sector crucial to growth, Moody's says Allowing the private sector to play a bigger role in society can help China achieve stable growth next year, says credit rating agency Moody's Investors Service. "The government will not allow ...

  2. Business - Economy - CHINA

    Growing debt burden in mainland provinces causes concern

    Posted Jan 30th 2013, 04:04pm by Jeanny Yu

    ... financial risks", said Terry Gao, an associate director at Fitch yesterday. Local authorities at the moment hold far less cash than they need to repay loans, said Moody's analyst Katie ... ago, it added. According to Moody's senior credit officer Ivan Chung, whether local governments will go bust will depend on the central government's readiness to share some ...

  3. Business - Economy - CHINA

    Fujian to spend 326 billion yuan on projects to boost ties with Taiwan

    Posted Jan 31st 2013, 12:00am by Toh Han Shih

    ... to repay loans, their loans tended to get rolled over, but this merely delayed the debt problem, he said. However, Ivan Chung, a senior credit officer at Moody's Investors Service, said ... to the credit rating agency. The government's financial strength was very high, and its debt was low compared to most countries, a Moody's report said. However, a serious deterioration ...

  4. Business - Economy - CHINA

    Beijing urged to act as rising local government debts threaten reform

    Posted Mar 26th 2014, 05:29am by Ray Chan, Jeanny Yu

    ... debt will mature in 2014, indicating a different degree of refinancing risk, analysts with Moody's said in a report. President Xi Jinping and Premier Li Keqiang are grappling with a surge ...

  5. Business - Economy - CHINA

    IMF warns China of risks in investment binge

    Posted May 30th 2013, 12:00am by Victoria Ruan

    ... Moody's Investors Service has said shadow banking may have reached 55 per cent of the nation's GDP at the end of last year. Local governments have shown no signs of reining in investment. ...



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