Announcements
Drinks
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.
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.
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.
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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