Moody's: China is making significant progress in debt deleveraging

8 Mar 2018 02:22 PM

Moody's credit rating on the Chinese economy was as follows:

  • The containment of financial risks remains a priority for China.
  • Liquidity was tight, especially for smaller banks and non-bank financial institutions.
  • Chinese authorities will likely maintain tight policy in 2018 because risk containment in the financial system is the main priority.

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