Dagong Global says it is cutting the US’ rating from A- and giving it a “negative outlook” because of the US federal government’s declining capacity to repay debt, a situation worsened by tax cuts. Photo: Reuters

Is the US a bigger debt risk than Russia and Botswana? A Chinese rating agency thinks so

In comments thought to reflect Beijing’s views, Dagong Global says outlook for US negative as tax cuts worsen repayment capacity

Topic |   China economy

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Dagong Global says it is cutting the US’ rating from A- and giving it a “negative outlook” because of the US federal government’s declining capacity to repay debt, a situation worsened by tax cuts. Photo: Reuters
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