#moodys (2 Posts)
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Moody's Downgrades China's Vanke Amid Real Estate Sector Concerns A construction site of Vanke in Shanghai, China. Reuters-Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the 11th (local time), Moody’s announced that it had downgraded Vanke’s rating from the lowest investment grade, Baa3, to the non-investment grade, […]
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Moody's Cuts China's Credit Outlook: Potential Trouble for Korea's Economy? Moody's downgrade of China's credit rating outlook raises concerns for South Korea's major industries heavily reliant on Chinese exports.
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