The People’s Bank of China has approved S&P Global’s entry into China’s credit rating market. Photo: Reuters

S&P Global gets the nod to enter China’s bond rating market

  • China’s central bank said that it supports further opening-up of the rating industry and will tighten regulations for credit assessment in China
  • No mention of Moody’s Investors Service and Fitch Ratings in PBOC’s announcement
Topic |   Bonds

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The People’s Bank of China has approved S&P Global’s entry into China’s credit rating market. Photo: Reuters
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