China’s blue-chip stocks slumped to nearly five-year lows on Tuesday amid worries about the country’s growth, with talk of a possible cut by Moody’s denting sentiment during the …
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Moody’s cuts China credit outlook, warns of lower growth, property crisis
China’s credit rating outlook cut to negative by Moody’s, with concerns raised about the nation’s debt levels
The impact of the property downturn is well under control, the finance ministry said in a statement. The change in Moody’s thinking comes as China’s deepening property rout triggers a shift toward fiscal stimulus, with…
China finance ministry: ‘disappointed’ by Moody’s downgrade of ratings outlook
China’s finance ministry said on Tuesday it is “disappointed” by Moody’s downgrade of the country’s ratings outlook. “Moody’s concerns about China’s economic growth prospects, fiscal sustainability and other aspects are unnecessary,” the ministry said.
COP28: Should India and China benefit from a climate damage fund?
China is the top emitter of greenhouse gases in the world … developing countries would need over $300bn annually to fight climate change. “Loss and damage finance needs are closely connected to our ability to…
China’s Finance Ministry: Economy will maintain its rebound and positive trend
China’s Finance Ministry said in a statement on Tuesday, the “economy will maintain its rebound and positive trend.” Moody’s concerns about China’s economic growth prospects, fiscal sustainability and other aspects are ‘unnecessary’.
China cut graphite imports to the US, worrying EV carmakers. Can Canada come to the rescue?
China began restricting exports of graphite supplies needed to make electric vehicle (EV) batteries on Dec. 1. EV carmakers are nervous about shortages because the US lacks its own domestic supplies.
‘Are they possessed?’: ritual duo pour foodstuff cocktail into China river for ‘good karma’ triggering online eco-backlash
Two women who poured cooking ingredients into a river in China as part of a “release life” tradition to bring good luck have sparked anger online.
China and Mexico officials vow to strengthen cooperation
China-Mexico cooperation has great potential and huge room for development, Chinese Foreign Minister Wang Yi said on Tuesday as he met in Beijing with his Mexican counterpart Alicia Barcena, who vowed to strengthen bilateral ties.
Why COVID-19 may take center stage at fourth Republican debate
Discussion of the COVID-19 pandemic in the Republican presidential race has largely been confined to sniping between former President Donald Trump and Florida Gov. Ron DeSantis — but the …
China’s debt outlook downgraded as economy slows
After decades of seeing its economy expand by more than 8% a year, China is on track to grow by 5.4% this year. However, growth is likely to slow to 3.5% by 2028, according to…
China’s credit outlook cut to negative; Rupert Soames named CBI president; trading outages in London – as it happened
Moody’s cuts its outlook on China’s credit rating, while trading in smaller stocks in London is hit by systems problems …
Tesla opens several more chargers for third-party brands in China
In China, Tesla has now made it possible for people driving electric cars from other manufacturers to use more than 350 Superchargers and over 260 destination chargers from Tesla. This covers 38 …
China’s credit outlook cut to negative; Rupert Soames named CBI president; trading outages in London – business live
Moody’s cuts its outlook on China’s credit rating, while trading in smaller stocks in London is hit by systems problems …
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