China Finance Ministry: S&P's China sovereign rating cut is a wrong decision

An official from the Chinese Finance Ministry is out on the wires now, via Reuters, condemning S&P’s China sovereign credit rating downgrade.
Key Headlines:
S&P's China sovereign rating cut is a wrong decision
Decision neglects the characteristics of China financial market's financing structure
Decision neglects China's sound economic fundamentals, development potentials
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















