DUBAI / WAM Shamal Holding, the Dubai-based diversified investment firm, today unveiled Naïa Island Dubai, ...
Read More »Moody’s cuts China govt bond outlook to negative
Beijing / AFP Ratings agency Moody’s on Wednesday cut its outlook on China’s sovereign bonds from stable to negative, warning of increasing government debt and further capital outflows and questioning Beijing’s ability to implement economic reforms. The Chinese government’s fiscal strength has weakened with borrowing increasing across the economy and financial system and stress mounting in state-owned enterprises, Moody’s Investors ...
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