China’s credit-rating firms are doling out more triple-A bond ratings, a trend that has continued this year in spite of the coronavirus pandemic and greater borrowing by companies in the world’s second-largest economy.
As of mid-October, more than 18.3 trillion yuan, equivalent to $2.7 trillion, in outstanding yuan-denominated bonds issued by companies and financial institutions in mainland China had the highest possible rating from the country’s credit raters, according to data provider Wind and asset manager Invesco Ltd.
Don’t lose sight of the fact that the FBI actually had possession of Hunter Biden’s laptop detailing Joe Biden’s involvement with Burisma *while* Democrats impeached Trump for asking about the Bidens’ involvement in Ukraine They knew it was a sham impeachment and did nothing.
I suggest the money you got from china to write this news invest in those triple A firms. 👍🏼
Stop censorship! American people have right to know, Tweeter, Facebook, NBC, CBS, ABC, CNN etc.
What does this mean?
2007 called...
If you thought US credit rating agencies were bad during sub-prime, what until you get a load of Chinese credit rating agencies during a trade war.
we had go thru it ours triple A bond rating screw up in obama years its happens their losing lot markets for their goods . but still morons like CEO of JP Morgan that been investing money in their bonds ,Even after crashed in last 3 years in late Fall some people never learn
Credit rating agencies have never led us astray before, right?
Great stuff
This will be fun to watch again
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