Announcements
Drinks
26/7/2024 Rating announcement EN
Scope affirms the People’s Republic of China’s A credit ratings, maintains Stable Outlook
A large and well-diversified economy, strong trend growth, a resilient external sector, and unique capacity for reform anchor the rating. Rising public-sector debt, financial-system imbalances and weakening demographics are credit challenges.
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.
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.
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