Moody's: China continues balancing act to.....>

CHINA: Moody's: China continues balancing act to ensure soft landing, as trade

tensions and leverage weigh on economy

- Moody's Investors Service says in a new report that China's (A1 stable)

economic slowdown is poised to continue as a result of both internal rebalancing

dynamics and the impact of trade tensions. This will lead to state-led

investment and economic activity again becoming key growth drivers, keeping

public sector leverage high but still in line with peers. "China's policy focus

continues to shift between three -- at times competing -- policy objectives of

ensuring sustainable growth, maintaining financial stability and implementing

reforms to rebalance the economy, with the current focus primarily on growth and

stability in the face of slowing GDP growth," says Michael Taylor, a Moody's

Managing Director and Chief Credit Officer of APAC.

- Link: https://tinyurl.com/u8ovos5