Moody's Cuts China's Rating For First Time Since 198903:45
Copy the code below to embed the WBUR audio player on your site
<iframe width="100%" height="124" scrolling="no" frameborder="no" src="https://player.wbur.org/hereandnow/2017/05/24/moodys-china-credit-rating"></iframe>

May 24, 2017

This article is more than 2 years old.

Moody's Investors Services cut China's credit rating for the first time since 1989 this week, changing its outlook from stable to negative.

Here & Now's Jeremy Hobson speaks with CNN's Maggie Lake (@maggielake) about what's behind the decision.

This segment aired on May 24, 2017.

wbur