In a statement, Moody's explained the thinking behind the change in ratings.

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In an interview last year, Phillipe Boisseau, head of the gas and power division for French oil giant Total (which has a bunch of JVs with Chinese companies) explained the Chinese thinking.

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In an exclusive BBC interview with Andrew Marr, to be broadcast in its entirety on Sunday, the president explained his thinking.

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He explained he was thinking of the years he went to college, an answer that earned him entry back into China.

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The forward-thinking design shattered the notion of 1960s glass-box architecture, Mr. Kundig explained.

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Essentially, the performance gap is narrow enough to be explained by wishful thinking.

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When the Pollard inquiry interviewed him Nick Vaughan-Barratt explained he was thinking of Savile's unorthodox lifestyle, his "weird" personality and his professed dislike of children.

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"We really didn't want to rent a house for a year and then make a whole record with 13, 14, 15 songs on it, then have most of the people who are thinking about buying it buy one song, " she explained.

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"The fact I have history with the club and their main rivals wouldn't come into my thinking, " explained Miller.

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Mr Steel explained that the government had "convened people here" (at the Treasury) to understand how the market was thinking, and was supportive of the private sector plan that emerged from that meeting.

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