Inside this episode:

Gene Fang from the Sovereign team, Yubin Fu from Sub-Sovereign team and Nicholas Zhu from the Banking team discuss the credit outlook across a number of Chinese sectors in 2021, including regional and local governments.  They outline that risks that are emerging as the government withdraws pandemic-related support and refocuses on deleveraging, but that despite rising defaults China will be able to mitigate any economic volatility. 

Related content:

• 2021 Outlook - Non-financial companies – China
• 2021 Outlook - Regional & Local Governments – China
• 2021 Outlook - Negative outlook for Chinese financial institutions amid uneven recovery
• Moody's Outlooks HubMoody’s Outlooks highlight our forward-looking views on global credit conditions and trends across sectors, countries and regions. In an unprecedented year ahead for credit markets, register and gain exclusive access to a wealth of Moody's expertise in our series of virtual events, reports, podcasts, and infographics.​​