- Language: English
- Published: January 2013
Ratings On China Affirmed At 'A+/A-1+' With Stable Outlook; External Asset Position Underpins Ratings Aug 09
- Published: August 2009
- Standard & Poors
China's large external asset position, strong growth potential, and modest government debt level underpins its credit ratings. We affirmed our sovereign ratings on the People's Republic of China. The outlook on the long-term credit rating remains stable. SINGAPORE (Standard & Poor's) Aug. 18, 2009-Standard & Poor's Ratings Services today affirmed its 'A+' long-term and 'A-1+' short-term sovereign credit ratings on the People's Republic of China. The outlook remains stable. The transfer and convertibility (T&C) assessment on China remains 'A+'. "The sovereign credit ratings on China reflect a relatively modest level of government indebtedness, the country's strong external asset position, and an exceptional economic growth potential," said Standard & Poor's credit analyst Kim Eng Tan. "These strengths outweigh sizable contingent liabilities...
Companies mentioned in this report are: China (People's Republic of )
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