China waits anxiously for economic plan as gloom reigns [Yahoo! Finance]
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Moody's Corporation (MCO)
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Source: Yahoo! Finance
A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending ripples of unease through the country's leaders and citizens. In Tianjin, grandmother Wang Dongmei told AFP that in 2016, she and her daughter purchased a house near a riverside promenade for 870,000 yuan ($120,000). It was now worth just over 600,000 yuan, she said. "It's the lowest the price has been in the last 10 years," she sighed, but "we want to sell... that's just how it is". Against this backdrop, the ruling Communist Party will in July hold its Third Plenum -- a key meeting historically watched for signals on economic direction. "People are more or less OK with economic downturns as long as there are sufficient policy responses," Dan Wang, chief economist at Hang Seng Bank China, told AFP. "Currently there are lots of uncertainties about what policymakers are going to do." The plenum was "highly antici
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MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- MCO's page on the SEC website