Why Dagong Global Maintains China's AA+ Rating

The video discusses the economic situation in China, focusing on the debt to GDP ratio and its impact on growth. It questions Moody's downgrade timing, citing recent government measures and improving economic indicators. The discussion highlights the need for more data to assess future growth, emphasizing the role of the service sector and non-manufacturing PMI in the recovery process.

Discuss the significance of the local economy's perception of the hardest times being past.

Why does the speaker believe it is too early to make a judgment call on China's economic situation?