23 Jun 2016
Moody's: Imminent financial crisis in China is unlikely
Headlines crossing the wires via Reuters from the US–based rating agency, Moody’s Investor Service, on China are as follows:
Markets see main risk to China's economy stemming from state-owned enterprise sector (SOE)-related contingent liabilities
Market participants throughout Asia view sizeable contingent liabilities, stemming largely
Imminent financial crisis in China is unlikely