Human Rights, Credit Downgrading, and Hong Kong Elections
China Insider
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China's Sovereign Credit Rating Downgraded: Consequences and Capital Flight
This chapter discusses the downgrading of China's sovereign credit rating by Moody's from stable to negative, highlighting the reasons behind this change, the anticipated retribution from the Chinese government, and the impact on various sectors such as local government financing vehicles, state-owned banks, insurance companies, and Chinese tech giants.
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