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March 2, 2016 | Moody’s Lowers Credit Rating of China to Negative from Stable

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the economy does not appear likely until 2020. This should be a 13-year contraction. So far, that forecast appears to be on target.

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March 2nd, 2016

Posted In: Armstrong Economics

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