China MOF: Moody's downgrade overestimates difficulties facing China's economy

Reuters reporting headlines from China’s finance ministry, as the Chinese authorities responded to the Moody’s downgrade of the country’s rating.
Key Headlines:
Moody's downgrade overestimates difficulties facing China's economy
Moody's downgrade underestimates China's ability to deepen supply-side reform
Expects china's economy to maintain stable & relatively fast growth
Debt will maintain reasonable pace of growth
Govt debt risks will not change dramatically in 2018-2020 from 2016
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
















