Tag: Standard & Poor's China

• Wednesday, October 18th 2017 - 08:28 UTC

  China's credit rating downgraded by S&P, “but might still be too good”

  

  China's credit rating has been downgraded by Standard & Poor's (S&P) because of worries over the rapid buildup of debt in the country. S&P cut China's rating by one notch from AA- to A+, saying its debts had raised “economic and financial risks”.