Eric tried to
downgrade the latest research findings.
埃里克极力贬低这个最新研究成果。
His condition has been
downgraded from critical to serious.
他的病情得到了缓解，从危急降为重症
Tom often
downgrades people he does not like.
汤姆总是贬低他不喜欢的人。
She decided to
downgrade her laptop's operating system to improve performance.
她决定降级她的笔记本电脑操作系统以提高性能。
Due to budget constraints, the company had to
downgrade their business class tickets to economy for the upcoming conference trip.
由于预算限制，公司不得不将即将召开的会议旅行中的商务舱机票降级为经济舱。
The credit rating agency announced it would
downgrade the country's debt status from AAA to AA+, causing concern in financial markets.
信用评级机构宣布将该国的债务状况从AAA级降级到AA+级，引起了金融市场上的担忧。
After the recent security breach, many users chose to
downgrade their app versions until the issue was resolved.
在最近发生的安全漏洞之后，许多用户选择在问题解决之前降级他们的应用程序版本。
He decided to
downgrade his gym membership since he wasn't using all the premium facilities regularly.
他决定降低他的健身房会员级别，因为他并未经常使用所有高级设施。
The airline offered passengers a refund or the option to
downgrade their seats without any additional charge due to overbooking.
由于超售，航空公司向乘客提供退款或免费降级座位的选择。
The hotel informed us that our room would be
downgraded to a standard one because of maintenance issues with the suite we booked.
酒店通知我们，由于预订的套房存在维护问题，我们的房间将被降级为标准间。
After analyzing the latest sales figures, the marketing team suggested downgrading the advertising budget for the less popular product lines.
在分析了最新的销售数据后，营销团队建议降低对不太受欢迎产品线的广告预算。
The sports car enthusiast reluctantly agreed to
downgrade to a more practical family sedan after the birth of his twins.
双胞胎出生后，这位跑车爱好者不情愿地同意换一辆更实用的家庭轿车。
Due to consistent poor performance, the employee was
downgraded from a management position to an entry-level role within the company.
由于持续的不佳表现，该员工从管理职位降级到了公司内的入门级职位。
They said the downgrade of ratings may raise concerns over thexa0professionalism of Moody's, and shows the ratings agency lacks understanding of China's internet and tech sector.
他们表示，评级下调可能会引发人们对穆迪的xa0专业主义的担忧，并表明该评级机构对中国互联网和科技行业缺乏了解。
Zhang Xiaorong, head of the research institute of Shenzhen, Guangdong province-based manufacturing company Deep Innovation, said the Moody's outlook downgrade exaggeratesxa0the intensified competition among Chinese tech companies and possible challenges they might face in the future, as well as overlooks the huge potential and resilience of China's economy.
总部位于广东省深圳市的制造业公司Deep Innovation的研究所所长张晓荣表示，穆迪的前景下调夸大了中国科技公司之间日益激烈的竞争及其未来可能面临的挑战，并忽视了中国经济的巨大潜力和韧性。
The downgrade of senior and short-term debt likely would force Boeing to cut the price of its bonds and pay a higher interest rate if it turned to the bond market to raise additional funds to cover future expenses.
The downgrade followed Boeing's announcement on April 3 that it planned to cut production of 737 MAX jets to 42 a month from 52 starting in mid-April, a reduction of nearly 20 percent.
"The downgrade of Boeing's stock follows the crashes of Ethiopian Airline Flight 302 on March 10 and Lion Air Flight 610 on Oct 29, 2018.
"We are seeking more information on the forecast downgrade, in addition to receiving Beingmate's full year financial statements.
"The downgrade, which could make it costlier for Wanda to borrow money overseas, is the latest setback for billionaire Wang Jianlin.
Wanda Commercial couldn't immediately comment when contacted by phone about the downgrade.
According to Okonjo-Iweala, the WTO was "slightly less optimistic" about its projected 3.3 percent growth in commodity trade this year due to the tensions in the Red Sea and the downgrade of global growth.
US Treasury Secretary Janet Yellen recently rebutted Moody's downgrade of the United States' credit outlook.
Li Ruoyu, a researcher at the State Information Center, said Moody's outlook downgrade is unconvincing as it underestimates China's economic growth in both the short and medium term.
Commercial banks are allowed to not downgrade financing provided to special projects in accordance with the measures issued last November during the loan period.
Year-on-year growth in fixed-asset investment, industrial output and retail sales all slowed from the previous month, leading some analysts to downgrade their forecasts for China's full-year economic growth from more than 5.5 percent to above 5 percent.
Due to various negative factors like increased labor costs and pressure from some countries to downgrade China's position in the global industrial and supply chains, some industrial capacities, especially in labor-intensive sectors, are relocating from China's eastern areas.
The change is a result of China's recent downgrade of COVID-19 management from Class A to Class B.
Given the development of the epidemic, the increase in vaccination levels, and extensive epidemic prevention experience, China's health authorities announced they would downgrade the management of COVID-19 and remove it from infectious disease management requiring quarantine as of Sunday.
The downgrade reflected "synchronous policy tightening aimed at containing very high inflation," as well as deteriorating financial conditions, declining confidence and energy supply disruptions, it said.
In its latest move, China announced to downgrade the management of COVID-19 from Jan 8, 2023, treating it as a Class B infection rather than a more serious Class A infection.
"The downward revision for 2021 reflects a downgrade for advanced economies — in part due to supply disruptions — and for low-income developing countries, largely due to worsening pandemic dynamics," the IMF said in its quarterly World Economic Outlook released on Tuesday.
However, the IMF said that global prospects remain highly uncertain, with much still depending on the race between the virus and vaccines, as greater progress with vaccinations can lift the forecast, while new virus variants that evade vaccines can lead to a sharp downgrade.
Rational approach neededChina's recent announcement that it would downgrade the management of COVID-19 from Class A to Class B from Jan 8 has been warmly welcomed by many countries, which have also called for rational pandemic prevention measures.
TUNIS/CAIRO -- China's move to downgrade the management of COVID-19 from Class A to Class B starting from Sunday has excited governmental officials and tourism industry players in the Middle East, who are gearing up to welcome back Chinese tourists absent for three years due to the pandemic.
Searches international tickets have surged in China since the country announced the decision to downgrade COVID-19 management from Jan 8.
The search volume of international flight tickets is surging in China after the country announced to downgrade the management of COVID-19 from Jan 8, the news website chinanews.
Consumption gets a big boost from changing consumer preferencesThough binge eating is synonymous with the National Day holidays, the growing consumer preference for novelties has prompted a debate on whether China is seeing a consumption upgrade or downgrade.
Contrary to reports of a "consumption downgrade" in China, Zhao said the country is seeing an upgrade in consumption as consumers focus more on food quality and shift some their expenses on other sectors like travel, entertainment and education.
赵指出，与“消费降级”的报道相反，中国正在经历消费升级，消费者更加关注食品质量，并将部分开支转向旅游、娱乐和教育等领域。
Zhang Xiaorong, head of the research institute of manufacturing company Deep Innovation, which is based in Shenzhen, Guangdong province, said that Moody's outlook downgrade exaggerates the intensified competition among Chinese tech companies and possible challenges they might face in the future, as well as overlooks the huge potential and resilience of China's economy.
China's automotive market continued its downward spiral in June, which has prompted the country's leading industry association to downgrade its estimate to a fall of up to 5 percent from 2018.
"During the past month, Tesla has voluntary recalled 123,000 of its older Model S vehicles, dealt with a fatal crash involving its autopilot driving system, and suffered a downgrade of its credit status on Wall Street.
China's State-owned banks have been operating very stably with good capital conditions, low nonperforming loan ratios and manageable risk exposure, so it is inappropriate for Moody's to downgrade ratings on eight major Chinese lenders, experts said.
The National Health Commission said in a statement on Tuesday that the country will scrap the quarantine requirement for international arrivals starting on Jan 8, as it will downgrade management of COVID-19 cases from Class A to Class B.
This is the second asymmetric downgrade eyeing the five-year LPR.
As we see things, the asymmetrical downgrade of the LPR involves a balance between multiple policy objectives.
Similarly, Credit Suisse upgraded China to "overweight" in its global stock strategy report for 2022, reversing a downgrade of the stocks 12 months ago.
Regulators told lenders not to downgrade loans with missed payments or report delinquencies to the country's centralized credit-scoring system before then.
That is a large downgrade from forecasts in February, when those economists expected US GDP growth of 1.9 percent from April to June, the poll showed.
Chipmaker Intel, a Dow stock that trades on the Nasdaq, was down 3.4 percent on tariff concerns and a downgrade by Northland Securities.
Commenting on Moody's and S&P Global Ratings' downgrade of the country's sovereign credit rating, the ministry said it was a misreading of the sound economic fundamentals and development potential, while international investors will have an objective evaluation of the country's sovereign credit situation.
Last week's credit-rating downgrade by S&P Global Ratings reinforced an argument endorsed by hedge-fund titans Kyle Bass and Jim Chanos: The risks to financial stability and the economy from strong credit growth are mounting.
China hit back Friday at the S&P Global Ratings' downgrade of the country's sovereign credit rating, with the finance ministry calling it a "wrong decision.
"The downgrade is a result of international rating agencies' long-standing mode of thinking, and a misreading of the Chinese economy based on developed countries' experiences," read the statement.
S&P rival, rating agency Moody's, downgraded China's credit rating in May, so the S&P downgrade was not surprising, said Qiao Baoyun, head of the academy of public finance and public policy under Central University of Finance and Economics.
S&P's downgrade is a reminder of deficiencies in the economy and the need for reform, but not a reflection of credit risk or economic fundamentals, Liu said.
"China borrows very little from overseas, which means the impact of the downgrade on its funding costs will be limited," said Orlik, in a note.
He said the chances of a major adverse reaction to the S&P downgrade are limited.
China's Ministry of Finance (MOF) said on Friday that it was a "wrong decision" for the rating agency to downgrade China's sovereign credit rating.
NEW YORK - US financial service agency S&P's decision to downgrade China's credit ratings will have little impact on investor sentiment as it underestimates the country's capacity to curb debt risks and deepen economic reform, experts have said.
Khoon Goh, head of Asia Research at Australia and New Zealand Banking Group Limited, said, "There shouldn't be much impact judging from the market reaction following the Moody's downgrade a few months back.
"(The downgrade) is pretty behind the curve," she said.
The ministry said on its website that the decision was "perplexing" as the downgrade came while China's economic growth had gained a firmer footing with improving quality as the country continues to push supply-side structural reform.
"The downgrade is a result of the international rating agencies' long-standing mode of thinking, and misreading of the Chinese economy based on developed countries' experiences," it said.
"The downgrade reflects our assessment that a prolonged period of strong credit growth has increased China's economic and financial risks," S&P said in a statement.
"The downgrade followed a similar credit cut by Moody's Investors Service in May.
But that option may cease in the wake of Moody's downgrade on May 24 of China's credit rating to A1 from Aa3, the same as that of Japan and the Czech Republic.
A Bloomberg report said Moody's downgrade may push Chinese companies to fall back on the local debt market.
Zhang Chenghui, director-general of the Research Institute of Finance of the Development Research Center of the State Council, a government think tank, said Moody's downgrade does not reflect efforts that have been made.
Experts from China and the United States have agreed that Moody's downgrade of China's credit ratings would not constitute major impact on the country, and there was no need to over-react.
"Undoubtedly, the downgrade does not mean imminent danger, rather it implies long-term concerns," said Rory MacFarquhar, a visiting fellow at the Peterson Institute for International Economics (PIIE) and a special assistant to former President Barack Obama for international economics, in a video dialogue between Chinese and US economists.
Echoing MacFarquhar, senior fellow at the PIIE Jeromin Zettelmeyer believed that there was no need for over-response as the downgrade was more like a prediction for future risks.
Zhang Chenghui, director of the Research Institute of Finance under the Development Research Center of the State Council, called Moody's downgrade a "misjudgment.
In Moody's downgrade, the agency claimed that increases in China's local government financing platforms and debt owed by SOEs would lead to rising government contingent liabilities, which Zhang said was "unscientific.
In a comment on the downgrade, China's Ministry of Finance has stressed that the government debt risks are controllable overall, with a debt ratio of 36.7 percent in 2016, well below the 60-percent warning line of the European Union and lower than other major developed or emerging economies.
following the Moody's downgrade," Bloomberg economist Tom Orlik said, considering the yuan's current appreciation a cushion against impact from an expected mid-June Fed rate increase.
Their rebuttal came in response to Moody's downgrade on Wednesday of China's sovereign rating by one notch to A1.
Yu Chunjiang, deputy head of Beijing-based Golden Credit Rating Co, said the debt market would not be influenced much by Moody's downgrade, as it mainly followed credit ratings by domestic agencies.
The Chinese government has strongly criticized the downgrade, saying it was based on "inappropriate methodology", which exaggerated difficulties facing the economy and underestimated the government's reform efforts.
Moody's decision to downgrade China's credit ratings failed to take into account the distinctiveness of the Chinese economy, and is thus deeply flawed, economists said.
"Through the downgrade decision based on inappropriate methodology, we have seen that Western rating agencies often look at China through a 'telescope,'" said a commentary published in a newspaper managed by China's central bank.
Market reaction to the downgrade has proved to be limited.
The benchmark Shanghai Composite Index even registered a winning streak on Thursday despite the downgrade.
The rating agency said in a statement that the downgrade reflects expectations that "China's financial strength will erode somewhat over the coming years, with economy-wide debt continues to rise as potential growth slows," adding that ongoing reforms may not curb further material rise in economy-wide debt.
Li Fan, senior dealer with Bank of China, dismissed Moody's downgrade as one-sided views.
"The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economywide debt continuing to rise as potential growth slows," according to a Moody's statement.
China's Finance Ministry Wednesday dismissed a decision by international rating agency Moody's to downgrade China's credit ratings.
The downgrade was based on the "pro-cyclical" rating approach which is "inappropriate," the Ministry of Finance (MOF) said.
Following China's decision to downgrade the management of COVID-19 from Class A to Class B, the country's authorities and diplomatic missions resumed the issuances of multiple-entry visas and port visas, and resumed the visa-free transit policy, Wang said.
Before the detailed policy for inbound and outbound travelers was released on Tuesday morning, the National Health Commission announced on Monday night that starting on Jan 8, the country will downgrade management of COVID-19 from category A to category B, in accordance with the Law of the People's Republic of China on Prevention and Treatment of Infectious Disease.
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