Moody's downgrades China's credit rating
穆迪公司下調中國的信用評級
China has received a downgrade on its credit score, on worries about the future state of the economy.
中國的信用評級被下調，對未來經濟狀況的擔憂
Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to Aa3 from A1.
穆迪投資服務公司將中國長期本幣和外幣發行人的信用評級從A1下調至Aa3。
The move could lead to a rise in the cost of borrowing for the Chinese government and state-owned enterprises.
此舉可能導致中國政府和國有企業的借款成本上升
The ratings agency also changed its outlook for China to stable from negative.
該評級機構也改變他對中國的從消極轉為穩定的看法。
Moody's said in a statement that the downgrade reflected expectations China's financial strength will "erode somewhat over the coming years, with the economy-wide debt continuing to rise as potential growth slows".
穆迪在一份聲明中表示，降級預示著中國的經濟實力將在未來幾年有所下降，經濟全球債務在潛在增長中持續增長放緩。
The Chinese economy expanded by 6.7% in 2016 compared with 6.9% the previous year, the slowest growth since 1990.
2016年中國經濟增長6.7％，而去年為6.9％，是1990年以來增長最慢的。
China is the world's second-biggest importer of both goods and commercial services, meaning its economic performance has a big knock-on impact around the world.
中國是世界第二大商品和商業服務進口國，這意味著中國的經濟表現對世界各地都有很大的沖擊。
It plays an important role as a buyer of oil and other commodities, and its slowdown has been a factor in the decline in the prices of such goods.
作為石油和其他商品的主要買主，其經濟增長放緩一直是這些貨物價格下降的一個因素。
Beijing's aim to rebalance the economy towards domestic consumption has led to major challenges for large manufacturing sectors, and there have been layoffs - especially in heavily staffed state-run sectors such as the steel industry.
北京將經濟向國內消費重新平衡，致使大型制造業面臨的重大挑戰，出現裁員現象，特別是鋼鐵行業等國有企業。
The downgrade comes as Beijing has been making efforts to clean up its lending practices, which have been viewed as a threat to financial stability.
降級是因為北京一直在努力清理被視為對金融穩定造成威脅的貸款業務。
以上英文內容來源BBC
注：Aa3和A1最大的區別就在于風險，Aa3表示信用程度較高，資金實力較強，資產質量較好，各項指標先進，經營管理狀況良好，經濟效益穩定，有較強的清償與支付能力；A1則表示資金實力、資產質量一般，各項經濟指標處于中上等水平，經濟效益不夠穩定，清償與支付能力尚可，受外部經濟條件影響，償債能力產生波動，但無大的風險。
穆迪官方給出的原因是，2015年，我國的經濟增長為6.7%，2016年是6.9%。穆迪認為，這兩次增長是自1990年以來最低的，于是就成為了此次 調整的重要原因之一。我國首都北京經濟疲軟，債務上升，金融體系混亂。
信用評級下降帶來的后果可能會提高國家企業、國家銀行等國有機構的借款成本。
此文不發表任何個人觀點，仁者見仁智者見智，我只知道我們國家在一帶一路的思想帶領下正蓬勃發展
青島翻譯公司
