Moody's told staff to WFH before it slashed China's credit rating as it feared authorities might retaliate: report

• Moody's told staff in China to WFH before it slashed the country's credit rating. 
• Two employees told the FT they believed this was because the company feared retaliation.
• Western companies operating in China are coming under pressure amid growing tensions with the US.

A US ratings agency reportedly told its employees in China to work from home the week it delivered a damning assessment of the country's economy.

Moody's told its China-based staff not to come into the office shortly before it slashed the country's credit rating, per the Financial Times.