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![Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_e5c1ecf8773830ef5c0c54d7bb9186d65f1a465b58fc309300e73ab0bec1f342.jpg)
12/5/2023 Rating announcement EN
Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable
High and rising public debt and large financial imbalances in the context of slowing economic growth, drive the downgrade. A large and diversified economy, high external resilience and effective government control are key credit strengths.
![Scope affirms the People's Republic of China's A+ ratings; Outlook revised to Negative](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_2fe453121a66cb154804a49e1262dc9933380891155c3d9c2ffcb6169b1d2c5b.jpg)
3/6/2022 Rating announcement EN
Scope affirms the People's Republic of China's A+ ratings; Outlook revised to Negative
High and rising public debt and large financial imbalances in the context of dampening economic growth, drive the outlook revision. A large and diversified economy, high external resilience and effective government control are credit strengths.
![Scope revises China's Outlook to Stable from Negative, affirms ratings at A+](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_bfbc6e57bf16cbeb8ded40674fc1379265a397e518664ad4b6447d11132fea44.jpg)
9/7/2021 Rating announcement EN
Scope revises China's Outlook to Stable from Negative, affirms ratings at A+
Improvements in financial stability, transitions from high growth targets, resilience amid Covid-19 crisis and internalisation of the renminbi support revision of the rating Outlook. Rising public and non-financial sector debt remain ratings challenges.
![Scope affirms China’s sovereign rating at A+ and maintains the Outlook at Negative](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_0d00983c3e100b095e05da9ed5657fee1cfc1b3b89b772093c102c7cbb60eb00.jpg)
28/2/2020 Rating announcement EN
Scope affirms China’s sovereign rating at A+ and maintains the Outlook at Negative
A large and diversified economy, strong external sector, and capacity to reform support the rating. Rising public and non-financial sector debt and significant policy easing exacerbating long-term imbalances underscore the Negative Outlook.
![Scope downgrades China’s newly published credit rating to A+ from AA- and changes Outlook to Stable](/.resources/scoperatings/webresources/img/logo_blue.jpg)
29/9/2017 Rating announcement EN
Scope downgrades China’s newly published credit rating to A+ from AA- and changes Outlook to Stable
A large and diversified economy, high external resilience, and scope for reform support the rating. Significant continued increases in non-financial sector debt and rising public sector debt underscore the rating downgrade.
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