China warns of risks of inflated credit ratings due to bond defaults – Marketscreener.com
SHANGHAI, Dec 4 (Reuters) – China’s interbank bond market regulator has warned of the risk of bloated credit ratings and widespread problems in the sector following review, after failures of highly rated state-owned companies triggered market panic. “(We have) noticed that examples of issuer ratings revaluations by specific rating institutions are clearly above the industry […]
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