Friday, April 23, 2021
Tags Credit rating

Tag: Credit rating

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

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...

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

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...

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

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...

Most Read

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

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

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