Friday, April 23, 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

Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

Banking CBNEditor - 0
The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

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The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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