Sunday, January 24, 2021
Tags Credit rating

Tag: Credit rating

Economy

Ministry of Finance Says S&P’s Downgrade of China’s Credit Rating “Hard to Comprehend”

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The Ministry of Finance has issued a strongly worded response to Standard & Poor's latest decision to downgrade China's sovereign credit rating by one...
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Economy

Standard and Poor’s Downgrades China’s Credit Rating Due to Mounting Debt

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Ratings agency Standard and Poor's has made a downward adjustment to China's sovereign credit rating due to concerns over the country's burgeoning debt levels. The...
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Banking

Central Bank Says China’s AA- Bonds Are BBB- Internationally.

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The People's Bank of China has called for the opening up of the corporate credit ratings market in order provide a sounder basis for assessing...
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Most Read

Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

Fintech CBNEditor - 0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

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A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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