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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Moody's" cut the credit rating of China for the first time since 30 years

    Rocky
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    Moody's" cut the credit rating of China for the first time since 30 years Empty Moody's" cut the credit rating of China for the first time since 30 years

    Post by Rocky Wed May 24, 2017 7:47 am

    Moody's" cut the credit rating of China for the first time since 30 years



    2017/05/24 | 11:42
    (Encyclopedia of this Day News | Iraq News ) - Direct: downgraded agency "Moody 's " credit rating to China for the first time in nearly 30 years, the agency lowered the local currency rating to (A1).
    According to the credit rating agency, on Wednesday, it lowered the credit rating of yuan (Aa3) to (A1), as the agency lowered its outlook for the economy in China from negative to stable.

    According to "Moody's" The rating downgrade reflects the expectation that the financial strength of China will deteriorate over the coming years with a continued high level of debt on the economy and slowing growth potential.

    She said that Beijing needed to achieve official growth objectives, which is likely to make the economy increasingly dependent on the stimulus.

    On the other side, the finance minister said in China, he said that "Moody's" exaggerates the economic difficulties, and ignore the economic reforms taking place in China.

    By 9:10 am GMT, the decline of the yuan against the dollar by 0.08% to 6.8904 yuan.

    https://hathalyoum.net/articles/1305177-%D9%85%D9%88%D8%AF%D9%8A%D8%B2-%D8%AA%D9%8F%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D8%AA%D8%B5%D9%86%D9%8A%D9%81-%D8%A7%D9%84%D8%A7%D8%A6%D8%AA%D9%85%D8%A7%D9%86%D9%8A-%D9%84%D9%84%D8%B5%D9%8A%D9%86-%D9%84%D8%A3%D9%88%D9%84-%D9%85%D8%B1%D8%A9-%D9%85%D9%86%D8%B0-30-

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