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Moody’s cuts China credit outlook to negative as economy slows
(www.theguardian.com)
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this post was submitted on 05 Dec 2023
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I'm not sure I'd say it's the same. The US bails out the revered private corporation. Moodys is one hundred percent on board with that.
With SOEs and governments there's no major shareholders who stand to win, so there's no reason for a bailout by their logic.