China's Economy Archives

What economic challenges is China facing?

7 December 20237 December 2023Jack Davis

China, the world’s second-largest economy, is currently grappling with a series of economic challenges. These hurdles, while complex, are not insurmountable. They offer an opportunity for the nation to reassess its economic strategies and implement innovative solutions. The Debt Dilemma One of the most pressing issues is the country’s mounting debt. China’s debt-to-GDP ratio has […]

China’s Debt Concerns Prompt Moody’s to Revise Credit Outlook

5 December 20235 December 2023Eleanor Hernandez

Moody’s, a prominent credit rating agency, has revised its outlook for the Chinese government’s financial health from stable to negative. The agency cited concerns over the potential cost of bailing out debt-laden regional and local governments and state-owned enterprises. Additionally, Moody’s warned that the Chinese economy appears to be entering a period of slower growth, […]