A new report from credit-rating group Standard & Poor’s is causing a firestorm in China’s media, with reports citing the analysis as saying half of all government debt in the country may deserve a speculative or “junk” rating.
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A new report from credit-rating group Standard & Poor’s is causing a firestorm in China’s media, with reports citing the analysis as saying half of all government debt in the country may deserve a speculative or “junk” rating.
read more