MOODY’S – NEGATIVE OUTLOOK FOR CHINESE FINANCIAL INSTITUTIONS AMID UNEVEN RECOVERY…. China Will Be Forced to Devalue the Yuan?

MOODY'S – NEGATIVE OUTLOOK FOR CHINESE FINANCIAL INSTITUTIONS AMID UNEVEN RECOVERY

— FXHedge (@Fxhedgers) December 10, 2020

Moody’s on Chinese Banks
– Heightened US-China trade tensions and slowing domestic credit growth will weigh on GDP growth and asset quality.
– Credit pressure will vary, with small banks, distressed asset management and leasing companies being more vulnerable. pic.twitter.com/9OPqtdddLf

— Sunchartist (@sunchartist) December 10, 2020

China Will Be Forced to Devalue the Yuanhttps://t.co/3MPCFT7tNP

— Steven Van Metre (@MetreSteven) December 9, 2020