Moody’s cuts its credit outlook for China’s government over rising debt, slowing economic growth, and risks in the nation’s property sector. Yahoo Finance Reporter Madison Mills joins the Live show discussion on how China-exposed companies Nike (NKE), Tesla (TSLA), Caterpillar (CAT), and Apple (AAPL) have been reacting to a slowing Chinese economy and how their own performances have been reflected in the Chinese market.
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Fbi defended
Someone said ok monody’s if you downgrade the usa you need to downgrade China. Not that they don’t deserve it.
China’s situation is much more serious.
@@chillxxx241 You sure. then why china still holds US treasury bonds?
@@SB-do1bu They hold US bonds because they want to diversify and US bonds are a better investment than Chinese bonds.
@@chillxxx241 why doesn’t US sanctions them from buying the bonds like they sanction everything else 😂😂😂
@@SB-do1bu What advantage would that give the US?
“At the end of the day” lol so overused here
China 🇨🇳 has been a money-printing machine on overdrive.
During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times.
– It has printed more money than the US and Japan combined, while its economy is only half of them.
Current Chinese debt-to-gdp is *highest in the world, at 300%,* according to Bloomberg. With recent stimulus and measure, China will be by far the most indebted country in the world, probably at 350%.
If US companies could make quality products in China, that would be something.