China’s credit rating has been cut over fears that growth in the world’s second-biggest economy will slow in the coming years. Moody’s, one of the world’s big three ratings agencies, cut China by one notch…
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Moody’s cuts China’s credit rating for first time since 1989
China’s credit rating downgraded amid fears over slowing economy
China’s credit rating has been downgraded by Moody’s for the first time in almost 30 years over fears that slowing growth and rising debts will weaken the world’s second largest economy. The agency lowered China’s…
China blocks online broadcast of computer Go match
BEIJING — Internet users outside China watched a computer defeat its national Go champion, but few Chinese web surfers could see it. Censors blocked access to Tuesday’s online broadcast by Google, which organized the game…
World stocks slip on China downgrade, ahead of Fed minutes
She said the risks to China’s financial system were “broadly balanced.” The Shanghai stock index and blue-chip CSI300 index both shed around 0.5 percent on the news but had recouped almost all these losses by…
China Watch news digest, May 2017
Representatives of Britain’s music industry and the Department for International Trade visited China seeking new ways to benefit from the country’s lucrative pop market. The week-long trip to Beijing, which concluded early this month, was…
The World’s Largest Telecom Companies: AT&T And Verizon Top China Mobile
The world is being eaten by smartphones made by Apple and Samsung, connecting billions around the world to streaming video, voice communication and wireless broadband at their fingertips. A boon to global productivity, few companies…
China’s Xi urges Taiwan business lobby to back ‘one China’ principle
BEIJING Chinese President Xi Jinping urged a business lobby for Taiwan enterprises on the mainland to support the “one China” principle and contribute to unity between Beijing and Taipei, state media said on Wednesday. China…
China downgraded by Moody’s for first time since 1989 – business live
Over in the City, shares in Marks & Spencer have hit their highest level in 12 months. That’s a little surprising, as the retailer reported a 10% fall in underlying profits (and a 65% slump…
China gets a credit rating cut from Moody’s over rising debt
BEIJING — The Moody’s ratings agency on Wednesday cut China’s credit rating due to surging debt, prompting a protest by Beijing and highlighting challenges faced by communist leaders as they overhaul a slowing economy. The…
Moody’s downgrades China, warns of fading financial strength, debt
Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and…
Moody’s cuts China rating over rising debt, slowing growth
BEIJING – China has criticized a decision by the Moody’s rating agency to cut its rating for Chinese government debt and defended Beijing’s finances and economic reforms. A finance ministry statement complained Moody’s used “inappropriate…
China stocks fall after rating cut as other Asian markets post gains
CHINESE DEBT: Moody’s Investors Service downgraded the Chinese government’s rating for long-term local currency and foreign currency debt, citing China’s overall rising debt. Moody’s cut the rating to a still relatively robust A1 from Aa3…
China Mobile : Sixth China OpenStack Bug Smash Ensures Smooth Release
Release date- 22052017 – Suzhou, China – Huawei, China Mobile, Intel, and China Electronics Standardization Institute (CESI) teamed up to host the sixth China OpenStack Bug Smash from May 17 to 19 this year. During…
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