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Moody’s cuts China credit outlook to negative on rising debt
Aggregated Source: ChinaLegalBlog.com

(Bloomberg) — Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second-largest economy.

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Moody’s lowered its outlook to negative from stable while retaining a long-term rating of A1 on the nation’s sovereign bonds, according to a statement.…

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