Global Business Report: China Data Is Not Great

The transcript discusses China's credit rating downgrade by SMP due to slow economic rebalancing and increased risks. Michael Cohen from Barclays Capital highlights challenges in Chinese growth and energy markets, particularly issues with oil import data. Hong Kong's retail sales have significantly declined, attributed to fewer Chinese tourists during the Lunar New Year. Lastly, Argentina is nearing a resolution to a 15-year credit dispute, with the Senate voting to end the impasse with holdout creditors.

What recent change was made to China's credit rating outlook?

What factors did SMP cite as risks to the Chinese economy?

What significant decline was reported in Hong Kong's retail sales?

What was the percentage drop in retail sales in Hong Kong during February?

What recent legislative action did Argentina take regarding its credit markets?