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BRIEF-Moody's Says Direct Effect Of U.S. Tariffs On China's Exports And Economy Is Limited

Economy Is Limited@

April 10 (Reuters) - Moody's:

* MOODY'S SAYS DIRECT EFFECT OF US TARIFFS ON CHINA'S EXPORTS AND ECONOMY IS LIMITED, BUT KNOCK-ON EFFECTS WOULD BE WIDER

* MOODY'S SAYS DIRECT EFFECT OF US TARIFFS ON CHINA'S EXPORTS & ECONOMY LIKELY TO UNDERESTIMATE FULL EXTENT OF OVERALL IMPACT AS KNOCK-ON EFFECTS NEED TO BE ASSESSED

* MOODY'S SAYS EXPECTS US & CHINA WILL AVOID SIGNIFICANT ESCALATION IN TRADE DISPUTE GIVEN DETRIMENTAL IMPACT ADDITIONAL RESTRICTIONS WOULD HAVE ON BOTH ECONOMIES

* MOODY'S SAYS CERTAIN TECHNOLOGY-RELATED MANUFACTURERS WOULD LIKELY BE HIT DIRECTLY BY LATEST PROPOSED TARIFFS ON 3 APRIL Source: http://bit.ly/2GOXerr