Stable growth still possible after Moody's rating  

穆迪下调中国主权信用评级展望 专家称不必过度反应

继此前惠誉下调中国的信用评级，另一国际评级机构穆迪亦在16日确认对中国政府债券的评级为Aa3，同时将评级展望从正面调整为稳定。但国际金融问题专家、对外经贸大学金融学院兼职教授赵庆民在接受中新社记者采访时表示，对此不必过度反应。目前中国各方面经济指标尚在可控范围内，有能力实现经济的平稳较快增长，出现大幅波动是小概率事件。

Beijing (CNS) -- China's economic indices are controllable and the country has the ability to achieve stable growth, financial experts said after Moody's bond credit rating organization lowered China's outlook.

Zhao Qingmin, economist and part-time professor at the University of International Business and Economics, said China's financial strength is sufficient compared to its debts, and sustainable growth can be expected thanks to the great potential in domestic demands.

As for the big money-supply growth, Liu Huangsong, from the Shanghai Academy of Social Science, said the first quarter is a conventionally hot season for providing debts.

Li Huiyong, executive manager at Shenyin and Wanguo Securities, said local government debt has been scrutinized, and the banking regulatory commission officially handed in documents days before on regulating local government debts, which cannot rise this year.

Moody's Investors Service affirmed China's government bond rating of Aa3 Tuesday but lowered the outlook from positive to stable, the second downward revision after Fitch Ratings cut the country's local currency credit rating by one notch last week.

Progress has been less than anticipated in the process of both reducing latent risks by making local government contingent liabilities more transparent and in reining in rapid credit growth, Moody's said.

For the first quarter, aggregate financing surged by 2.2 trillion yuan from a year earlier, to 6.16 trillion yuan, and new local-currency loans were 2.76 trillion yuan, with an increase of 294 billion yuan from the same period last year, according to central bank data.