China plays bigger role in financing frontier markets: Moody's

12.10.2017

While tightening global monetary policies would put more pressure on short-term liquidity in frontier markets (FMs), Chinese financing could help mitigate liquidity risk for these countries, said Moody's, a ratings agency, in a report released on Monday.

Moody's defines FMs as sub-investment-grade countries that rely heavily on concessional financing. Moody's rates...