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The US-based rating agency, Moody’s Investors Service, is out with its latest view on the Chinese growth prospects, in light of the recent temporary US-China trade trace.

Moody’s said in its report that China’s economic growth will likely slow during 2019-2020, amid government deleveraging & de-risking policies as well as on the US-China trade tensions.

Earlier today Moody’s also came out with a report on China’s shadow banking, citing that China’s shadow banking activity increasingly reveals challenging trade-off between growth and deleveraging.