Last week, the Chinese market was shaken when Moody’s downgraded the credit outlook of bonds issued by the world's second-largest economy.
Many Viet Hustler readers must be wondering whether this news has any negative impact on China's financial system? Especially when many readers don't hesitate to compare China with the US: the world's leading economic power was also downgraded in credit rating by Fitch in August, but to date there has been no clear impact on the US financial system.
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