1. Text: | Print | Share

      S&P affirms China's ratings, outlook 'stable'

      2011-12-07 12:19    China Daily     Web Editor: Li Jing

      Standard & Poor's (S&P) affirmed China's sovereign ratings on Tuesday and said the outlook remains stable, citing the nation's "exceptional" growth prospects, holdings of overseas assets and modest government indebtedness.

      China's long-term credit rating is AA- and its short-term rating is A-1+, the ratings company said in a statement.

      S&P raised the nation's rating to the fourth-highest level on Dec 16, 2010.

      Kim Eng Tan, an S&P analyst in Singapore, said Tuesday's release was an annual report on the Chinese sovereign grade.

      S&P said it might raise the nation's credit rating if structural reforms lead to a "more vibrant" domestic debt capital market and if the government moves to a greater reliance on market-based macroeconomic management tools and a more flexible exchange rate.

      The rating might be cut if reform efforts fade, the nation's economic performance becomes "markedly weaker" and conditions in the banking industry worsen more than expected, it said.

      China's central bank last week reduced the amount of cash banks must set aside as reserves for the first time since 2008. It acted to support lending and growth as the European debt crisis threatens to sap exports and investment and as output moderates after a government campaign to cool inflation.

      Reports this week may show that exports grew last month at the slowest pace since gains resumed in 2009 and that inflation eased to its lowest rate in more than a year.

      The pace of China's expansion is likely to moderate to close to 8 percent over the next five years from an average of 11 percent in the 2006 to 2010 period, S&P said.

      Government indebtedness should continue to fall as a share of GDP, with net government debt declining to close to 10 percent of GDP by 2014, it said.

      Still, China's strengths are offset by weaknesses associated with its "low middle-income economy, restricted information flows and the government's continued reliance on direct administrative tools to manage the economy", S&P said.

      The ratings agency put Germany, France and 13 other euro-area nations on review for a possible downgrade on Monday.

      It said that "continuing disagreements among European policy makers on how to tackle" the region's debt crisis risk damaging their financial stability.

       

      主站蜘蛛池模板: 国产成人无码免费看视频软件| 国产精品亚洲av色欲三区| 97在线视频免费公开视频| 亚洲国产一成久久精品国产成人综合 | 边摸边吃奶边做爽免费视频网站| 国产成人A在线观看视频免费| 亚洲国产成人精品无码区在线观看 | 国产jizzjizz视频免费看| 亚洲heyzo专区无码综合| 在线看片免费不卡人成视频| 亚洲不卡1卡2卡三卡2021麻豆| 国产成人精品免费视| 亚洲色无码专区一区| 日本免费网站观看| 四虎精品成人免费视频| 在线A亚洲老鸭窝天堂| 男人j进入女人j内部免费网站| 亚洲色图在线观看| 国产99视频精品免费观看7| 亚洲色一区二区三区四区| 四虎影视免费永久在线观看| 亚洲黄片手机免费观看| 亚洲成A人片777777| 1000部免费啪啪十八未年禁止观看 | 九九全国免费视频| 亚洲av综合av一区| 免费99精品国产自在现线| 亚洲一区二区三区丝袜| 免费一看一级毛片人| 成人免费ā片在线观看| 亚洲国产美女精品久久久久| 日韩一级视频免费观看| 一本久久A久久免费精品不卡| 婷婷亚洲久悠悠色悠在线播放| 91情侣在线精品国产免费| 免费看一级一级人妻片| 久久久久亚洲AV无码网站| 成人免费无码精品国产电影| 手机看片国产免费永久| 亚洲日本乱码卡2卡3卡新区| 国产精品亚洲综合专区片高清久久久|