Good point. If you think about it, where does Moody's, which at the end of the day is just a bunch of individual bureaucrats, many of which are likely writing the story they are told to write, get the idea that they have the expertise to second guess the architects of the largest, most complex (financially, culturally, psychologically, etc, etc, etc) transformation the world has ever witnessed?

Sorry, but until I see strong evidence to suggest otherwise, I'm going to assume the Chinese government knows better of how to grow an economy than its international critics.

Following that reasoning, that probably means China's economy situation would be much worse.

Have a look at "The Big Short" (the book, not the movie). Reading how clueless those idiots at those Rating Agencys were is fascinating. The had no idea, basically just rating every pile of horseshit AAA because they are dumb and have no idea what they are doing.