穆迪确认中国A1评级展望稳定
穆迪确认中国评级A1,展望稳定,主要考虑到中国的机构及管治较强,另外政府政策亦有效,即使公共领域债务持续增加、金融压力越见显现及增长潜力放慢,亦能有助分散主权信贷风险。短期而言机构容量、庞大的本地储蓄及外汇储备可助抵销疫情带来的负面影响,而长远来看中国信贷表现强有助减少来自中美贸易战的风险,以及国际供应链重塑的压力。
穆迪料今年中国经济增长仅1.9%,而2021年则会回复7%的增长,故估计中国公共领域的债务包括政府及国企的债务到2020-21年将升至GDP的185-190%,而2019年水平则为167%,而国企债务增加将为政府带来风险,另外增长急速放慢而复苏缓慢亦将为部分地区银行带来压力。(el/k) ~
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.