6
Standard & Poor’s slashed China’s credit rating on Thursday, warning that a prolonged period of debt growth had raised “economic and financial risks”. S&P, which downgraded China’s debt from AA-minus to A-plus, is the second major credit ratings agency to slash the Asian giant’s rating after Moody’s made the same decision in May. “The downgrade [...] read whole article



Related Links

  1. Financial Stability Board Still Weighing Digital Currency Risks
  2. Markets will start stressing about China’s worrying corporate debt once Brexit vote is over
  3. Japanese Financial Watchdog Issues Warning over ICO Risks
  4. EU Report: DLT Could Increase Cyber Risks for Financial Institutions
  5. UAE Financial Watchdog Warns Investors Over ICO Risks
  6. China's Financial Firms Urge Regulators to Help Mature Blockchain
  7. Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks
  8. Carney On Eve of G20: Cryptos Don't Pose Risks to Financial Stability
  9. US credit rating at risk if debt limit is not raised in a ‘timely manner,’ Fitch warns
  10. Financial Stability Board Weighs Distributed Ledger Risks