China May Receive Higher Credit Rating From Moody’s – Bloomberg

From Bloomberg News:

China may earn a higher from Moody’s Investors Service after repaying international debt, boosting reserves and bailing out banks.

Moody’s today raised the outlook for the A2 rating on China’s long-term foreign-currency bonds to positive from stable, it said in a statement. The rating, last raised in October 2003, ranks one level below Greece, one rung above South Korea and three above Russia.[Full Text]

Categories :

Tags :



Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.