中國經濟

Moody's is optimistic on China's rebalancing

China's economy scores "very high" for economic strength and it should be able to maintain its high credit rating as the economy rebalances away from credit-dependent growth, said Moody's in a new report.

China has an official growth target of 7.5 per cent this year, down from the double-digit growth rates seen in 2010.

Moody's sees GDP growth falling into a range of 6.5 to 7.5 per cent this year and next, with the longer-term horizon dependent on the success of policies to tighten credit and implement structural reforms.

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