MOF: Standard & Poor’s Downgrade in China’s Credit Rating is A Wrong Decision

Published: Sep 22, 2017 10:40

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It is a wrong decision that the Standard & Poor’s downgraded China’s sovereign credit rating, head of China’s Ministry of Finance said to one reporter.

SHANGHAI, Sept. 22 (SMM) - It is a wrong decision that the Standard & Poor’s downgraded China’s sovereign credit rating, head of China’s Ministry of Finance said to one reporter.

China Accelerates Capital Injection in September

China has put emphasis on supply-side reform which improves the quality of economic growth. So, such decision is very impenetrable.

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Standard & Poor’s rating China

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