05.12.2016 09:07:00
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Bank of China Limited -- Moody's: Outlook for China's banking system is negative; operating environment deteriorating
Hong Kong, December 05, 2016 -- Moody's Investors Service says that the outlook for the Chinese banking system is negative, as the operating environment will become more challenging in the coming 12-18 months, reflecting slower economic growth, an increase in corporate sector restructuring, and rising concerns over elevated asset prices in some areas.