because moody's have concerns, they are more likely to put the burden of any stimulus on fiscal policy, so more government borrowing and concerns about increasing debt amongst some of the state—owned enterprises and local government which makes them think the debt situation combined with slower economic growth means it is not as strong as it was. is it a real problem, debt? not an immediate problem but across the economy as a whole. we are talking about 30—50% of gdp, which compared to greece is very small! but there is household debt, local government and state owned enterprises, all of these add up owned enterprises, all of these add up to the burden which is quite large for a country at that stage of economic development, but not an immediate catastrophe. andrew, thank you very much. a quick reminder of how to get in touch with us. the business live page is where you can stay ahead with all the day's breaking business news. we will keep you up—to—date with all the details with analysis from the bbc‘s editors right around write around the world. we wa nt right around write