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Slowdown Lies Ahead: Moody's
Apr 28,2012 10:10CST
data analysis
Source:SMM
China's economic growth will slow to 7.5 to 8.5 percent this year and next, as a eurozone recession curbs exports, Moody's Investors Service said.

China's economic growth will slow to 7.5 to 8.5 percent this year and next, as a eurozone recession curbs exports, Moody's Investors Service said.

While the outlook for the Asian nation's Aa3 foreign and local currency bond ratings is positive, leaders must have "firm control of local government finances" and implement a "new wave of reform", especially in the financial system, to sustain strong economic growth, the US credit-ratings company said in Singapore on Thursday.

 

 

China
economic growth
eurozone
recession
exports
Moody's

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