S&P: No changes to China credit rating, outlook

S&P: No changes to China credit rating, outlook
Tourists relax on the waterfront in front of Victoria Harbour, in Hong Kong

SINGAPORE (Reuters) – Ratings agency S&P Global Ratings said on Wednesday there have been no changes in its ratings on China, a day after its peer Moody’s downgraded its outlook on the country’s credit rating to “negative”.

“We last affirmed our A+ long term ratings on China in June with stable outlook and there has been no changes to that yet,” said S&P in an emailed response to queries from Reuters.

The firm currently has an A+ rating for China sovereign with a ‘stable’ outlook.

(Reporting by Rae Wee; Editing by Kim Coghill)

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