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Moody’s Talks - Outlook Connections
Episode 6
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December 10, 2020
China set for fast but uneven recovery in 2021
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
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