In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Dagong Global Credit Rating’

China takes on the big three ratings agencies

Posted by seumasach on January 25, 2012

With the recent downgrading of the credit ratings of nine euro zone nations by Standard and Poor’s – including the cherished triple-A rank for France – the big three ratings agencies have not been winning new friends.

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Chinese ratings agency threatens US with new debt downgrade

Posted by seumasach on November 12, 2011

Guardian

12th November, 2011

The head of China‘s biggest ratings agency, Dagong Global Credit Rating, is warning that it may downgrade the US’s sovereign debt rating again because of Washington’s failure to tackle the federal budget deficit.

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