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Moody's: Chinese local governments under pressure from a decline in land sales

Discussion in 'Market News' started by ForexLive, Oct 30, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Moody's on China ... and its hard to find a positive at all in this ... - Fiscal and debt metrics of Chinese regional and local governments (RLGs) are under pressure from a decline in land sales triggered by the country's economic slowdown (From Moody's report "Falling Land Sales to Weaken Chinese RLGs' Credit Profile" )

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