Moody’s: China’s policy easing signals change in stance

The US-based rating agency, Moody’s Investors Service, is out with its take on China’s change on the policy stance.

Key Headlines:

China’s policy easing signals change instance.

Keeps China economic growth forecasts at 6.6% in 2018.

Immediate China credit implications ‘limited’.

Sees China government debt to rise to 37.6% of GDP in 2018.