Chinese Bad Banks Downgraded by Moody’s as Huarong Cut to Junk - The Great Awakening

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Chinese Bad Banks Downgraded by Moody’s as Huarong Cut to Junk (ca.finance.yahoo.com)

posted 1 year ago by seernewday 1 year ago by seernewday +107 / -0

Chinese Bad Banks Downgraded by Moody’s as Huarong Cut to Junk

(Bloomberg) -- China’s largest bad-debt managers suffered Moody’s Investors Service’s rating downgrades that cut China Huarong Asset Management Co. to junk status, over concerns about the property crisis. Most Read from BloombergPutin Orders Hunt for Prope...

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– WestCelt 3 points 1 year ago +3 / -0

the Declining population is going to make it harder to pay it off. maybe we make them a deal to ignore our debt to them for something in return????

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– Godknowstheheart 3 points 1 year ago +3 / -0

by sending China all the liberal women from America? that's a deal i could live with!

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