Date
17 August 2017

Moody’s CEO positive on China financial market, Xinhua says

China is unlikely to see any turbulence in its financial markets, Xinhua news agency quoted Raymond McDaniel Jr, chief executive and president of Moody’s Investor Services Inc., as saying Thursday. McDaniel said he sees the coming reform in China as generally credit positive for most areas of the economy. He sees a stable credit outlook for the country, with a downgrade very unlikely in 2014.

– Contact HKEJ at [email protected]

MY/AC/RC

 

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