BUSINESS Moody's maintains stable outlook for China A1 ratings

BUSINESS

Moody's maintains stable outlook for China A1 ratings

Xinhua

11:21, July 05, 2019

BEIJING, July 5 (Xinhua) -- Global credit rating agency Moody's has affirmed China's ratings at A1 with a stable outlook.

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The Moody's Investors Service Inc. building of the company's headquarters in New York. (File Photo: VCG)

The A1 ratings include China's long-term issuer rating, senior unsecured rating, and the (P) A1 foreign currency senior unsecured shelf rating.

The Chinese authorities have the financial and policy means to contain the rise in leverage, mobilize resources to support stressed public sector entities and maintain financial stability, according to Moody's assessment.

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