May 18, 2020 / 2:45 AM / 15 days ago

BRIEF-Moody's Says China's Decelerating Economy Poses Challenges For Power Sector

May 17 (Reuters) - Moody’s:

* CHINA’S DECELERATING ECONOMY POSES CHALLENGES FOR POWER SECTOR

* POWER DEMAND GROWTH IN CHINA WILL BE FLAT IN 2020 AND GRADUALLY RECOVER IN 2021

* CORONAVIRUS-RELATED DISRUPTIONS,MATERIAL SLOWDOWN IN CHINA’S ECONOMY WILL LEAD TO SLUGGISH POWER DEMAND IN THE COUNTRY IN 2020

* DOES NOT EXPECT RENEWABLE ENERGY COMPANIES IN CHINA TO BE AFFECTED BY WEAK POWER DEMAND DUE TO THEIR PRIORITY DISPATCH Source text for Eikon:

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