Ratings agency Standard & Poor's (S&P) cut its outlook on China's sovereign bonds from stable to negative on Thursday, warning that economic rebalancing was proceeding more slowly than expected.
"We revised the outlook to reflect our expectation that the economic and financial risks to the Chinese government's creditworthiness are gradually increasing," it said in a statement.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2023 ©