29 Jun 2020|Moody's Investors Service
The current restructuring of Peking University Founder Group Corp. (PUFG) is the latest example highlighting the limitations of keepwell deeds. There are significant constraints to the credit support under keepwell deeds because they do not ensure that support from their providers would be forthcoming when the issuers are in distress.
10 Apr 2020|Moody's Investors Service
30 Jun 2020|Moody's Investors Service
Zhejiang is an affluent and coastal province in eastern China. LGFVs in Zhejiang will continue to benefit from onshore credit-easing policies in next 12 months. LGFVs owned by prefecture-level cities in Zhejiang province have fairly strong funding capabilities, but credit risk still varies.
21 Oct 2019|Moody's Investors Service
Our regional heat map of China reveals areas of potential risk by looking at RLG, SOE and banking indicators.
Banks - China Quarterly: Asset quality, capitalization and profitability weaken after the coronavirus outbreak
15 Jun 2020|Moody's Investors Service
Banking system statistics released by the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) suggest that Chinese banks' asset quality, capitalization and profitability weakened in the first quarter of 2020 when disruptions from the coronavirus outbreak peaked.
11 Jun 2020|Moody's Investors Service
Kristen McNamara and Franco Leung discuss the exposure of sectors and rated companies in China to disruptions from the coronavirus pandemic. Just 6% of the 256 companies we rate have high exposure. All of the high-exposure companies have negative outlooks or are under review for downgrade, and more than half have high refinancing risk. 相关报告：多数受评企业受疫情影响较小或中等
05 Jun 2020|Moody's Investors Service
促经济、稳就业是2020年中国 (A1/稳定) 政府的首要任务。这是于5月28日正式闭幕的第十三届全国人民代表大会第三次会议和政协第十三届全国委员会第三次会议 (下称“两会”) 传递出的信息。
Podcast: Chinese property developers’ credit metrics will change little in 2020, slightly improving in 2021
07 May 2020|Moody's Investors Service
Franco Leung and Kaven Tsang from the Corporates team discuss credit trends for rated Chinese property developers and their ability to weather macroeconomic challenges this and next year. >> 阅读相关报告