The US-headquartered credit rating firm, Moody's Corp is shutting it's China consulting business and is laying off its staff. Two people with knowledge of the matter said that Moody's Corp is laying off people associated with the unit in multiple locations across the country, reported The News International. Moody's Corp started winding down the business, Moody's Analytics, in China this week, the people said on condition of anonymity as they are not authorised to speak to media. First announced internally on Monday, the move has affected more than 100 employees across Moody's Beijing, Shanghai and Shenzhen offices, one of the...