NPR

Moody's Cuts China's Rating For First Time Since 1989

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.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

Support comes from

KNPR and NPR Thank-You Gifts including t-shirts hoodies and cap