Wednesday, January 5, 2011

Non-developed world rating agencies first sovereign credit rating

<P> Grand Duchy of professional rating agency Global Credit Rating Co., Ltd. 11 release in Beijing on the 50 sovereign credit rating report. .This is Moody's, Standard & Poor's, Fitch Ratings giants outside the three major international rating agencies, non-developed countries, the first attempt. .The report shows that the Grand Duke and the three major international rating rating rating giants obvious differences in levels of 54% of the total number of countries. .</ P> <P> report, the Grand Duke to China, Russia, Brazil, India and other 9 countries three major international credit rating higher than the rating given by giants. .Duke believes that the potential of these countries, long-term stable economic growth, financial stability and the fight against growing external shocks. .Among them, the Grand Duke to China's sovereign credit rating to AA + grade, while Moody's, Standard & Poor's, Fitch Ratings to China were A1, A +, AA-level. .</ P> <P> the same time, Duke gave the United States, Britain, France, Spain, Greece, Iceland, 18 countries rated lower than the giant International Assessment of the three major credit rating. .Duke believes that the financial risk of these countries not only to become the country's largest source of systemic risk is likely to cause the world economy within the second bottom of the main sources of risk. .</ P>.

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