Moody's: China non-property company credit profiles improve - stabilizing commodity prices

Moody's say China non-property companies' credit profiles improve moderately due to stabilizing commodity prices

• "Stabilizing prices in the oil & gas, metals and cement sectors have helped improve the credit profiles of Moody's-rated companies in these industries"
• "By contrast, steel and bulk chemical companies remain under pressure because of oversupply"
• "As for the food & beverage and specialty chemicals sectors, revenue pressure has eased, although gradual increases in input prices will reduce operating profitability."

There is more, but that's the gist of it