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Home invest in investing living frugal what to invest in China Set for Record Defaults, and Downgrades Tip More Pain

China Set for Record Defaults, and Downgrades Tip More Pain

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https://www.bloomberg.com/news/articles/2018-07-02/china-heads-for-record-defaults-and-downgrades-tip-further-pain

Dagong has reported 13 credit-rating downgrades compared with 10 upgrades so far this year, the highest such ratio on record, according to Bloomberg-compiled data. Results from Dagong peers such as China Chengxin International Credit Rating Co. and China Lianhe Credit Rating Co. show similar trends.



Submitted July 02, 2018 at 11:40PM by freddyjohnson https://ift.tt/2KGpJJW
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