BBCNEWS Verified July 2, 2024
in the country's faltering property sector. that means that china's credit rating is at risk of a downgrade. the government in beijing is rumoured to be considering providing more financial support for property developers — including evergrande and country garden — which are both billions of dollars in debt. earlier i spoke to janet mui, head of market analysis at rbc brewin dolphin. i asked her whether this suggests things are getting worse for the world's second largest economy? this is a reminder of what investors already know which is a slowing economy and a downturn in the p...