China’s economic slowdown and indebtedness will cause the creditworthiness of the country’s biggest companies to deteriorate in the coming year, Standard & Poor’s has warned in a report.
The credit rating agency has examined the balance sheets of 151 big Chinese companies – three-quarters of which are state-owned enterprises – and notes that the recent investment boom has left the corporate sector with “a large debt hangover”.
S&P analysts believe the financial strength of a “majority” of the companies surveyed will weaken further in the next 12 months.
您已阅读21%（557字），剩余79%（2048字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。