Announcements

    Drinks

      Scope affirms the People's Republic of China's A+ ratings; Outlook revised to Negative

      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 takes no action on the People's Republic of China

      10/12/2021 Monitoring note EN

      Scope takes no action on the People's Republic of China

      No action has been taken on the People's Republic of China following a monitoring review.

      Scope revises China's Outlook to Stable from Negative, affirms ratings at A+

      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 takes no action on the People's Republic of China

      29/1/2021 Monitoring note EN

      Scope takes no action on the People's Republic of China

      No action has been taken on the People's Republic of China following a monitoring review.

      Scope has completed its monitoring review on China

      14/8/2020 Monitoring note EN

      Scope has completed its monitoring review on China

      Monitoring review announcement

      Scope affirms China’s sovereign rating at A+ and maintains the Outlook at Negative

      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 affirms China’s credit rating at A+ and revises the Outlook to Negative

      21/9/2018 Rating announcement EN

      Scope affirms China’s credit rating at A+ and revises the Outlook to Negative

      A large and diversified economy, external strengths, and capacity to reform support the rating. Rising public-sector debt and high non-financial sector debt drive the Negative Outlook.

      Scope downgrades China’s newly published credit rating to A+ from AA- and changes Outlook to Stable

      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.