Chinese agency downgrades US credit rating

AFP via France24 17 October 2013

A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington’s resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained “unchanged”.

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Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining […]

Chinese Credit Rater Downgrades U.S.

Matt Phillips The Wall Street Journal 11/9/2010

Dagong Global Credit Rating Co., the Chinese rating company that was recently rejected in its bid to be an officially recognized bond rater in the U.S., just downgraded the entire U.S. The always objective Xinhua has the “scoop.”

The United States has lost its double-A credit rating with […]