The Star Early Edition

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

Newspapers in English

Newspapers from South Africa