Moody’s Raises China Outlook to Stable on Economic Resilience
Listen to the full version
Moody’s Ratings said Monday that it has revised China’s sovereign credit outlook to stable from negative, citing economic resilience and manageable debt risks.
The agency affirmed China’s long-term sovereign rating at A1. It last changed the outlook in late 2023, when concerns over fiscal pressures and the property downturn prompted a downgrade.
Moody’s said a shift in policy focus toward high-productivity sectors has helped mitigate the impact of the property sector’s downsizing, though a prolonged property slump continues to weigh on consumption. Growth is expected to remain largely dependent on investment and exports.
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Save an extra $50. Introductory offer for new readers. Subscribe now.
- RELATED
- DIGEST HUB
Digest Hub
Back
- Moody’s revised China’s sovereign credit outlook to stable from negative, affirming A1 rating.
- Cites economic resilience, policy shift to high-productivity sectors; expects 4.5% GDP growth this year, 4.2% next.
- Debt to rise from 68.5% of GDP last year to 82.4% next year; risks from local govt off-balance-sheet debt.
- Moody’s Ratings
- Moody’s Ratings revised China’s sovereign credit outlook to stable from negative, affirming the A1 long-term rating. It cited economic resilience, manageable debt risks, and policy shifts toward high-productivity sectors amid property slump. GDP growth: 4.5% this year, 4.2% next. Debt to rise to 82.4% of GDP next year.
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新