Monday, July 12, 2010

Chinese rating agency warns on US debt

July 12, 2010 -- By Joe McDonald BeijingA Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first report on government debt yesterday amid efforts by China to boost its influence in global markets.Dagong International Credit Rating's verdict was a break with Moody's Investors Service, Standard & Poor's (S&P) and Fitch

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