Moody's say leverage in China to keep increasing, but at slower pace

China comments from Moody's - these via Reuters:

• Risk and opportunity in China's deleveraging and strong regulation
• Economy-wide leverage in China will continue to increase, albeit at a slower pace than before
• Rising earnings growth is helping improve the credit profiles of the China's non-financial corporates
• Says in 2018, EBITDA growth will outpace debt growth for the majority of the rated Chinese SOEs