Moody's: Impact of US trade dispute with China is manageable for rated Chinese companies

Moody's Investor Service is out with a report on the recent import tariffs announced by the US and said that the impact of US trade dispute with China is manageable for rated Chinese companies.

Key points:

   •  Says that rated Chinese companies rely heavily on domestic markets
   •  So any impact from US trade actions would be manageable
   •  Planned Chinese tariffs on imports from the US will unlikely disrupt the supply chains of Chinese companies
   •  Negative impact could be greater if both US and China significantly expand tariffs or introduce more broad-ranging protectionist measures