Chinese Vice Finance Minister Zhu Guangyao on Chinese economy

Global Business

Chinese Vice Finance Minister Zhu Guangyao on Chinese economy1

China has shrugged off the recent outlook downgrade on its sovereign credit.

Standard & Poor cut it’s rating from stable to negative, citing the longer than expected economic re-balancing process.

For more on the economic outlook rating, CCTV America’s Rachelle Akuffo interviews Chinese Vice Finance Minister Zhu Guangyao. He is part of President Xi Jinping’s delegation attending the Nuclear Security Summit in Washington, D.C.

Chinese Vice Finance Minister Zhu Guangyao on Chinese economy

Chinese Vice Finance Minister Zhu Guangyao on Chinese economy

China has shrugged off the recent outlook downgrade on its sovereign credit. Standard & Poor cut it's rating from stable to negative, citing the longer than expected economic re-balancing process. For more on the economic outlook rating, CCTV America’s Rachelle Akuffo interviews Chinese Vice Finance Minister Zhu Guangyao. He is part of President Xi Jinping's delegation attending the Nuclear Security Summit in Washington, D.C.