large manufacturing sectors

Moody’s Downgrades China’s Credit Rating

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China has received a downgrade on its credit score, on worries about the future state of the economy. Moody’s Investors Services brought down China’s long-term local currency and foreign currency issuer ratings by one notch to Aa3 from A1. The move could lead to a rise in the cost of borrowing for the Chinese government … Read more

China Economy Grows 6.7% In 2016

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China’s economy grew by 6.7% in 2016, compared with 6.9% a year earlier, marking its slowest growth in more than a quarter of a century. China’s growth is a key driver of the global economy and a major concern for investors around the world. The figure is in line with Beijing’s official growth target of … Read more