Thursday, February 25, 2021
Tags Standard & Poor's

Tag: Standard & Poor's

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...

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China to Create 30 “Fully 5G Connected Factories” over Next Three Years as Industrial Internet of Things Enters Rapid Growth Phase

The Chinese central government has issued a new industry plan to drive the development of the Industrial Internet of Things (IIoT) over...

China Hopes to Stabilise Foreign Trade in 2021 via E-commerce and Restored US Relations, Mulls Joining CPTPP

The Chinese Ministry of Commerce (MOFCOM) says the stabilisation of foreign trade and investment levels is a critical policy priority in 2021,...

Assets of China’s Central State-owned Enterprises Breach USD$10 Trillion Threshold During 13th Five Year Plan

China's State Council has hailed the "high quality" growth of state-owned enterprises (SOE) under the control of the central government during its...

People’s Bank of China Teams up with Other Central Banks on Research into Digital Currencies

The People's Bank of China (PBOC) is teaming up with its counterparts in a slew of other jurisdictions to work together on...