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S&P Downgrades China’s Credit Rating, Saying Rocketing Debt Is Stoking Economic Instability


By —— Bio and Archives--September 21, 2017

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Standard & Poors lowered its view of China’s creditworthiness, less than a month ahead of the country’s most important and sensitive political gatherings.

S&P downgraded China to A+ from AA-, a one notch change. It also changed its outlook for the country’s credit rating from negative to stable, implying that investors should not expect further downgrades in the near future.—More…


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