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Moody's cuts China credit outlook, warns of lower growth, property crisis

Ratings agency Moody's cut its outlook on China's government credit ratings to negative from stable on Tuesday, in the latest sign of mounting global concern over the impact of surging local government debt and a deepening property crisis on the world's second-largest economy.
New York United States Hong Kong Ken Cheung Pan Gongsheng International Monetary Fund
Source: nypost.com

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