For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

S&P cuts China's growth forecast to 7.5 pct amid slowdown

September 25, 2012 Xinhua
International rating agency Standard & Poor's (S&P) lowered China's economic growth forecast to 7.5 percent on Monday due to the slowdown in the world's second largest economy, ongoing euro-zone crisis and a slower-than-expected recovery in the United States.

S&P also revised down 2012 forecasts for GDP growth for other Asia-Pacific countries, including India (to 5.5 percent), Japan (to 2.0 percent), the Republic of Korea (to 2.5 percent) and Singarpore (to 2.1 percent).

It cut growth forecast for China's Hong Kong to 1.8 percent from the original 2.8 percent.

The agency said the slowdown of China's economy had affected other Asian export-oriented economies, including Japan, the Republic of Korea and Singarpore.

S&P analysts said any further worsening of the euro-zone crisis will naturally increase risks for the Asia-Pacific area, which is sensitive to capital flows and trade.
Company — China
  • Full name
    People's Republic of China
  • Registration country