Wednesday, September 14, 2016

Standard Poor's downgraded credit

Standard Poor&# 39; s downgraded the credit ratings of China

The outlook on the Standard Poor's agency of China adjusted the credit rating of the experts from "stable" to "negative." In a statement the agency said that the long-term rating was affirmed at AA- level.

The Standard Poor's explain its decision to the growth of economic and financial risks of creditworthiness Chinese authorities.

The document notes that the GDP of the state will continue to rise by an average of 6% or more every year until 2019.



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