China rebukes Moody's 'biased' credit outlook cut, saying co

China rebukes Moody's 'biased' credit outlook cut, saying concerns over growth prospects 'unnecessary'

China on Tuesday firmly pushed back against a decision by US ratings agency Moody's to affirm China's credit ratings but cut its outlook from stable to negative, stressing that China's economy remains resilient, it has the capabilities to deepen reforms to tackle risks and challenges, and concerns over China's growth prospects are unnecessary.



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