Moody's cuts China's credit outlook to negative citing lower medium-term economic growth
While the economy is seen on track to hit the government's annual growth target of around 5% this year, Moody's expects China's annual economic growth to slow to an average 3.8 per cent from 2026 to 2030.
A flurry of policy support measures have proven only modestly beneficial, raising pressure on authorities to roll out more stimulus. (Image credit: Reuters)