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Doom and Gloom Prediction Wrong Again
Pages: 2
Year: 2016
Issue:
17
Journal: Beijing Review
Keyword: heading; Prediction; quarter; outlook; issued; Moody; predicting; Bureau; credit; toward;
Abstract: <正>Given China’s slowing growth,some people have been predicting that the world’s second largest economy is heading toward a hard fall.In March,rating agencies Moody’s and Standard&Poor’s downgraded the outlook for China’s credit rating from"stable"to"negative."But economic data for the first quarter of 2016 issued by the National Bureau of Statistics(NBS)show the country is off to a promising start this year.According to the data,China’s GDP
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