Dagong affirms China's AA+ sovereign rating and Stable outlook

China’s Dagong Global Credit Rating Co. published its latest credit ratings review on China, highlighting the following:
AA+ on sovereign debt in local currency
AAA in foreign currency terms
China's economic downside risks controllable
Central, local government debt in reasonable range
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.

















