• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
A 3D model of a city in the middle of an Asia-Pacific body of water.

Moody’s Outlook for Asia-Pacific Sovereign Creditworthiness in 2024 Amidst China’s Economic Slowdown

01/22/2024
EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

06/05/2025
UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

06/05/2025
London’s EV Congestion Charge Review Signals Policy Shift with Trade and Tariff Implications

London’s EV Congestion Charge Review Signals Policy Shift with Trade and Tariff Implications

06/05/2025
Global Air Cargo Alliance Led by Carriers from Qatar, UK, and Malaysia to Boost Trade Connectivity and Tariff Efficiency

Global Air Cargo Alliance Led by Carriers from Qatar, UK, and Malaysia to Boost Trade Connectivity and Tariff Efficiency

06/05/2025
Germany’s Hamburg Port Expands Shore Power to Cut Emissions and Prepare for Future Tariffs

Germany’s Hamburg Port Expands Shore Power to Cut Emissions and Prepare for Future Tariffs

06/05/2025
UK Temporarily Exempted from U.S. Metal Tariff Increase

UK Temporarily Exempted from U.S. Metal Tariff Increase

06/04/2025
Trump Pushes Tariff Hikes Amid Legal Obstacles

Trump Pushes Tariff Hikes Amid Legal Obstacles

06/04/2025
U.S. trade deal efforts challenged by tight deadlines and tariff issues.

U.S. trade deal efforts challenged by tight deadlines and tariff issues.

06/04/2025
OECD Cuts U.S. Growth Forecast Over Rising Trade Costs

OECD Cuts U.S. Growth Forecast Over Rising Trade Costs

06/04/2025
U.S. Steel and Aluminium Tariffs Raised to 50%

U.S. Steel and Aluminium Tariffs Raised to 50%

06/04/2025
Tariff Hikes on Steel and Aluminum to Raise Consumer Prices

Tariff Hikes on Steel and Aluminum to Raise Consumer Prices

06/03/2025
U.S. Tariffs Add Pressure to China and EU Trade Talks

U.S. Tariffs Add Pressure to China and EU Trade Talks

06/03/2025
supplychainreport
Thursday, June 5, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Moody’s Outlook for Asia-Pacific Sovereign Creditworthiness in 2024 Amidst China’s Economic Slowdown

by Richie
01/22/2024
in Economic Indicators, Global Trade, International Relations, Market Trends, Risk Mitigation, Sourcing, Trade Policies

YOU MAY ALSO LIKE

EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

Moody’s Investors Service has expressed a negative outlook on sovereign creditworthiness in the Asia-Pacific region for 2024. The key factors contributing to this outlook include China’s decelerating economic growth, tight funding conditions, and geopolitical risks.

China’s recovery from the Covid-19 pandemic fell short of initial 2023 expectations, with the GDP for the last quarter of 2023 increasing by 5.2%, missing the estimated 5.3% in a Reuters poll. Moody’s anticipates China’s real GDP growth to slow to 4% in 2024 and the following year, down from the 6% average observed between 2014 and 2023. The credit rating agency underscores China’s significant influence on Asia-Pacific economies due to its robust integration into global supply chains.

Major international investment banks, including Goldman Sachs and Morgan Stanley, predict a slower growth pace for China’s economy, forecasting 4.6% in 2024, down from the expected 5.2% in 2023.

Moody’s highlights tight funding conditions as an additional factor weighing on Asia-Pacific sovereigns. Christian De Guzman, Senior Vice President at Moody’s, emphasized that this is influenced by global liquidity conditions, anticipating no deviation in Asia-Pacific central banks’ responses.

The report acknowledges the Federal Reserve’s decision to maintain interest rates at a 22-year high in December. However, it expects three cuts in 2024 as inflation eases. High interest rates are projected to hinder substantial improvements in debt affordability, making international financing challenging for lower-rated sovereigns.

Geopolitical risks stemming from strategic tensions between China and the U.S. are another area of concern. As the divide between these economic giants widens, maintaining a balance becomes more challenging for countries with significant economic ties to both.

The report suggests that nations with large manufacturing bases and improving infrastructure, such as India, Malaysia, Thailand, and Vietnam, might find opportunities as companies seek to diversify supply chains away from China to mitigate geopolitical risks.

Moody’s suggests that a broadly firmer growth, driven by domestic demand and regional trade amid easing financial conditions, could potentially improve the overall outlook for the region to stable.

Stay current with supply chain report news at The Supply Chain Report. For international trade tools, see ADAMftd.com.

#Moody’sInvestorsService #AsiaPacific #SovereignCredit #EconomicOutlook2024 #ChinaGrowth #GoldmanSachs #MorganStanley #GeopoliticalRisks #SupplyChainDiversification #InterestRates #GlobalEconomy #Inflation #InvestmentBanks #EconomicGrowth #MarketTrends

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.