News Headline Summary

Moody's says Chinese banking system outlook stable for the next 12-18 months despite an economic slowdown and long-term challenges because deregulation

Says:

- Expects China banks' bad debt situation to worsen in 2013.
- Sees recent progress in addressing asset quality at China banks.

Update details:

- Moody's expect long-term economic growth drivers, such as urbanization and productivity gains, to underpin a stable and moderate rate of growth.

Print 03:46, 14 Dec 2012 - Asian News - Source: Newswires