Moody's China Staff Work from Home Amid Credit Rating Downgrade

Move seen as a precaution against potential government inspections following the negative outlook on China's economy.

Moody's Investors Service has directed its China-based staff to work from home, seen as a safeguard against possible government inspections following the credit rating decision.
Moody's recently lowered China’s sovereign credit rating outlook from neutral to negative, citing risks from a slowing economy and a property sector crisis.
Analysts from Moody's in Hong Kong have been advised to avoid travel to the Chinese mainland for the time being.
Chinese officials and various government agencies have publicly criticized Moody's downgrade as 'disappointing,' 'flawed,' and 'unnecessary.'
Western companies operating in China, including Moody's, are facing increasing pressure amid rising tensions between the US and China.