Ratings agency Standard & Poor's (S&P) cut its outlook on China's sovereign bonds from stable to negative on Thursday, warning that economic rebalancing was proceeding more slowly than expected.
"We revised the outlook to reflect our expectation that the economic and financial risks to the Chinese government's creditworthiness are gradually increasing," it said in a statement.
GMT 08:36 2017 Saturday ,29 AprilEU 27 must stay united in Brexit talks
GMT 08:33 2017 Saturday ,29 AprilTurkish authorities block access to Wikipedia
GMT 07:40 2017 Saturday ,29 AprilUS Marines return to Afghanistan's volatile Helmand
GMT 06:20 2017 Saturday ,29 AprilTrump says North Korea missile launch 'disrespected' China
GMT 06:19 2017 Saturday ,29 AprilPolisario Front withdraws from buffer zone in Western Sahara
GMT 06:16 2017 Saturday ,29 AprilUS official confirms N. Korea missile launch
GMT 06:13 2017 Saturday ,29 AprilNorth Korea test-fires ballistic missile
GMT 06:11 2017 Saturday ,29 April6.8-magnitude quake off the Philippines