# Irritation with Moody's reflects China's sensitivity as it seeks investors - Business Daily

> Beijing responded to Moody's downgrade by calling its analysis flawed, and Moody's said another cut is possible without progress on debt. The reaction comes as China seeks more foreign capital through MSCI inclusion and bond market opening.

- Date: 2017-05-26 · published 2017-05-26T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/71235-irritation-with-moody-s-reflects-china-s-sensitivity-as-it-seeks-investors
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The dispute raises questions about China's debt risks and foreign investment flows, which affect the yuan and broader macro sentiment. It has little direct effect on feed commodity prices.

## Similar past events

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| --- | --- | --- | --- | --- |
| USDCNY | 2022-06-02 | [China’s yuan eases as investors expect higher cash injection in June - Markets - Business Recorder](https://feedsoft.ai/events/41174-china-s-yuan-eases-as-investors-expect-higher-cash-injection-in-june-markets.md) | -0.0% | +0.2% |
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| USDCNY | 2023-08-29 | [China’s yuan firms in tight range as investors await key economic data - Markets - Business Recorder](https://feedsoft.ai/events/34801-china-s-yuan-firms-in-tight-range-as-investors-await-key-economic-data-markets.md) | +0.2% | +0.3% |
| USDCNY | 2023-06-19 | [China’s yuan eases as investors wait for stimulus details, outcome of Blinken visit - Markets - Business Recorder](https://feedsoft.ai/events/11232-china-s-yuan-eases-as-investors-wait-for-stimulus-details-outcome-of-blinken.md) | +1.6% | +0.8% |
| USDCNY | 2022-06-13 | [China’s yuan slips to 2-week low as dollar jumps on inflation data - Markets - Business Recorder](https://feedsoft.ai/events/41171-china-s-yuan-slips-to-2-week-low-as-dollar-jumps-on-inflation-data-markets.md) | +0.1% | +0.2% |

## Sources

- businessdailyafrica.com: https://www.businessdailyafrica.com/bd/news/world/irritation-with-moody-s-reflects-china-s-sensitivity-as-it-seeks-investors-2153912

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
