Moody's downgrades China, warns of fading financial strength as debt stings

SHANGHAI (Reuters) - Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings on Wednesday, citing expectations that the financial strength of the world's second-biggest economy would erode in the coming years.

from Reuters: Top News http://uk.reuters.com/article/uk-china-economy-rating-idUKKBN18K04G?feedType=RSS&feedName=topNews