Moody’s chairman and CEO John Rutherfurd Jr. expects China to continue growing quickly, while financial sector reform will have a crucial part in promoting the country’s development and modernization.
At the same time, Rutherfurd says he is confident that China’s bond market will grow and mature and suggests that now is an appropriate time for reform of the banking system, given the country would be managing the process from a position of strength.
“We believe that China has the resources to continue to grow rapidly.
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