Thursday, April 15, 2021
Tags Sovereign credit rating

Tag: Sovereign credit rating

Economy

Leading Chinese Credit Agency Downgrades US Due to Debt Concerns

CBNEditor - 0
One of China's leading ratings agencies has downgraded the United States' sovereign credit standing due to concerns over its increasing dependence upon debt-driven growth. Dagong...
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Economy

China Disputes Moody’s Downgrading of Sovereign Credit Rating

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China's Ministry of Finance has has disputed the recent downgrade of its sovereign credit rating by Moody's, claiming that the agency made its decision based on "inappropriate...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

Banking CBNEditor - 0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

Finance CBNEditor - 0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

Economy CBNEditor - 0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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