Moody's downgrades China's credit rating
穆迪公司下调中国的信用评级
China has received a downgrade on its credit score, on worries about the future state of the economy.
中国的信用评级被下调，对未来经济状况的担忧

Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to Aa3 from A1.
穆迪投资服务公司将中国长期本币和外币发行人的信用评级从A1下调至Aa3。

The move could lead to a rise in the cost of borrowing for the Chinese government and state-owned enterprises.
此举可能导致中国政府和国有企业的借款成本上升

The ratings agency also changed its outlook for China to stable from negative.
该评级机构也改变他对中国的从消极转为稳定的看法。

Moody's said in a statement that the downgrade reflected expectations China's financial strength will "erode somewhat over the coming years, with the economy-wide debt continuing to rise as potential growth slows".
穆迪在一份声明中表示，降级预示着中国的经济实力将在未来几年有所下降，经济全球债务在潜在增长中持续增长放缓。

The Chinese economy expanded by 6.7% in 2016 compared with 6.9% the previous year, the slowest growth since 1990.
2016年中国经济增长6.7％，而去年为6.9％，是1990年以来增长最慢的。

China is the world's second-biggest importer of both goods and commercial services, meaning its economic performance has a big knock-on impact around the world.
中国是世界第二大商品和商业服务进口国，这意味着中国的经济表现对世界各地都有很大的冲击。

It plays an important role as a buyer of oil and other commodities, and its slowdown has been a factor in the decline in the prices of such goods.
作为石油和其他商品的主要买主，其经济增长放缓一直是这些货物价格下降的一个因素。

Beijing's aim to rebalance the economy towards domestic consumption has led to major challenges for large manufacturing sectors, and there have been layoffs - especially in heavily staffed state-run sectors such as the steel industry.
北京将经济向国内消费重新平衡，致使大型制造业面临的重大挑战，出现裁员现象，特别是钢铁行业等国有企业。

The downgrade comes as Beijing has been making efforts to clean up its lending practices, which have been viewed as a threat to financial stability.
降级是因为北京一直在努力清理被视为对金融稳定造成威胁的贷款业务。
青岛翻译公司