S&P: China's downgrade won't have direct impact on sovereign ratings elsewhere other than Hong Kong

The US-based ratings agency, Standard and Poor’s (S&P) is out with a statement on Friday, justifying China’s sovereign ratings downgrade, after China’s Finance Ministry said that the downgrade was S&P’s wrong decision.Doesn't see China's credit growth peaking within 1-2 years China's downgrade wo...
S&P: China's downgrade won't have direct impact on sovereign ratings elsewhere other than Hong Kong