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Downgrades likely in China medium landing scenario: S&P
June 01, 2012
Capital goods, technology hardware and automotive sectors in Asia are likely to be hit the hardest and experience downgrades if China experiences a medium or hard landing, says Standard & Poor’s.
Three sectors are likely to be worst hit if China doesn’t manage to secure a soft landing: the automotive, capital goods and technology hardware sectors, and investment grade issuers in these sectors could be downgraded, according to a series of...
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