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31 Mar 2016
S&P changed China’s rating outlook to negative from stable
Ratings agency Standard & Poor’s (S&P) revised China’s rating outlook lower from stable to negative.
This is the second downward revision/forecast from S&P in last 24 hours. Standard and Poor’s (S&P) slashed its growth forecasts for the Eurozone yesterday, saying that low growth and weak inflation looks set to stalk the continent for the foreseeable future.
This is the second downward revision/forecast from S&P in last 24 hours. Standard and Poor’s (S&P) slashed its growth forecasts for the Eurozone yesterday, saying that low growth and weak inflation looks set to stalk the continent for the foreseeable future.