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China’s slowing economy will make it harder for its companies to pay debts, ratings agencies say

  • China's slowing economy means companies will find it harder to pay their debts, S&P Global Ratings says.
  • "The economic chill in China is spreading, threatening to weaken profitability across nearly all sectors in corporate China," the agency says in a report.
  • Moody's Investors Service says that increased credit for private companies promised by the government is unlikely to reach those companies that need it most.

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