Down­grade Re­but­tal

Beijing Review - - This Week Economy -

China hit back at the S&P Global Rat­ings’ down­grade of the coun­try’s sovereign credit rat­ing, with the Min­istry of Fi­nance (MOF) call­ing it a “wrong de­ci­sion” on Septem­ber 22.

A state­ment on the MOF web­site de­scribed the de­ci­sion as “per­plex­ing.”

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