S&P Cuts China to A+ from AA-; Outlook Stable

S&P Global Ratings cut China’s sovereign credit rating by one step, to A+ from AA-, and revised its outlook to stable from negative. "China’s prolonged period of strong credit growth has increased its economic and financial risks," the agency said in a statement. "Although this credit growth had ...
S&P Cuts China to A+ from AA-; Outlook Stable