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Moody's on Thursday downgraded China's property sector outlook to negative from stable, saying weaker growth was impacting
Moody’s on Thursday downgraded China‘s property sector outlook to negative from stable, saying weaker growth was impacting homebuyers’ spending. The ratings agency said contracted sales were expected to fall around 5 percent over the next six to 12 months and that the impact of “recently strengthened policy support” by the government would be “short-lived”. China’s […]
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https://insiderpaper.com/moodys-downgrades-china-property-sector-to-negative/
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