China link a risk for sub-Saharan Africa
SUB-SAHARAN Africa faced downside risks because of its links to China’s economy, ratings agency Moody’s Investor Service said on Tuesday. Countries demonstrating strong regional trade links faced lower risk than those that relied on commodity exports, said Matt Robinson, the vice-president and senior credit officer at Moody’s. Moody’s expected Chinese growth to be between 6.5 percent and 7.5 percent next year, but a slower-than-expected expansion would further undermine global economic prospects. – Sapa