TEXT-S&P on effects of hard landing in China on auto sector

Newswire

May 30 - With China's dominance in the global economy increasing, any setback in its domestic economy could reverberate throughout the world. Standard & Poor's Ratings Services believes three sectors are vulnerable to a hard landing in China: the automotive, capital goods, and technology hardware sectors. But the automotive sector seems the least vulnerable of the three from a credit rating standpoint. According to "Implications For The Global Automotive Sector Of A Hard Landing In ...

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