A woman sorts scaffolding poles at a construction site near recently erected office and residential high-rises in Beijing. Photo: Reuters

Moody’s cuts China’s credit rating over worsening debt outlook

The rating on China’s debt was cut by one notch to A1 from Aa3, and the outlook was changed to “stable” from “negative” by Moody’s Investors Service.

Topic |   China economy

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A woman sorts scaffolding poles at a construction site near recently erected office and residential high-rises in Beijing. Photo: Reuters
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