Global Finance: Credit rating outlook of China

Credit rating agency Standard and Poors has revised their outlook for Chinas sovereign credit rating to negative from stable because it believes the countrys economic rebalancing is likely to proceed more slowly than we had expected. Financial Planner and Director of Simon Wu Co. Simon Wu is going to explain what difficulties is China facing in Economy and what strategy is China Government going to life up the economy.

Source: Flickr/Simon Cunningham CC BY 2.0