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Moody's see weak fundamentals in China's property sector as a weight in next 12-18 months

Via Moody's: Weak fundamentals in China's property sector will further weigh on Chinese developers' credit quality over the next 12-18 months State-owned Chinese property developers will outperform market, while privately owned companies will face further strain Uncertain sales recovery in China's property sector further cloud rated developers' ability to restore financial profiles---Meanwhile the US dollar is dripping a touch lower in Asia. The market is unforgiving of yields dipping. Fickle lo... Read More

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Posted: Oct 24 2023, 02:26

Author Name: forexlive

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