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。
青島翻譯公司