Topic: credit management

China's Consolidation of Power Could Advance Economic Rebalancing, Though Challenges Remain, Says Moody’s

Further consolidation of power under President Xi Jinping — as outlined at the conclusion of the 19th National Congress of the Chinese Communist Party earlier this week — could advance the process of economic reform and rebalancing, because one obstacle to reform has been the misalignment of incentives between the central leadership and other officials, says Moody's Investors Service.