Western Rating Methodology will Trigger Another Financial Crisis

发布时间:2016-08-27 16:12:00    点击:

  In March, the international credit rating agencies, Moody’s and Standard & Poor downgraded the sovereign credit grade outlook of China from ‘steady’ to ‘negative’. The minister of China Ministry of Finance believed that the western credit rating agencies held prejudice against China. In July 2010, Dagong Global released its first 50 sovereign credit rating reports challenging the western credit rating agencies with attention in the financial sector.

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