China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo
China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo

China pushes ahead with reform of credit rating sector in campaign to cut financial risk

  • China’s central bank has moved to give firms that issue debt financing instruments more choice to use external rating agencies
  • Authorities have stepped up scrutiny of the domestic credit rating industry as part of a broader push to curtail financial risk

Topic |   Dealing with debt
China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo
China’s central bank has stepped up scrutiny of the credit rating sector. Photo: Kyodo
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