Moody s negative
outlook on China has intensified Beijing s battle with market
bears, raising pressure on the government for more forceful
measures to prop up sinking stocks and stabilise the yuan.
ANALYSIS-Moody's outlook cut complicates Beijing's 'war' against market bears devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Global Stock Managers on Guard as China Pain Set to Spread bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The mounting worries have sent equity benchmarks in Hong Kong and China to their lowest levels since November, with the Hang Seng Index entering a bear market on Friday. And with the countrys dominant status in the global supply chain, the concerns have also started to hit investor sentiment in Europe and the US, with stock markets in both regions experiencing their biggest pullback since March.