Sent from my BlackBerry® -----Original Message----- From: MeLinda MeLisa <[email protected]> Sender: [email protected] Date: Fri, 17 Dec 2010 10:19:38 To: <[email protected]> Reply-To: [email protected] Subject: [StockForex] S&P Upgrades China's Credit Rating China Credit - S&P Raises China’s Long-Term Sovereign Rating - CNBC S&P Upgrades China's Credit Rating BEIJING—Standard & Poor's Ratings Services upgraded China's sovereign-debt rating, citing its large foreign reserves, strong fiscal position and positive growth outlook. S&P raised its rating on China's sovereign debt to double-A-minus from A-plus, reflecting "the government's modest indebtedness, a strong external asset position, and our view of the economy's exceptional growth prospects," the agency said Thursday. The announcement from S&P follows a similar move by Moody's Investors Service, which raised its rating for China's sovereign debt last month. S&P said the government may face "contingent liabilities in the banking system that could materialize if an extended economic slowdown unfolds," but that China's many strengths outweigh that potential pitfall. The upgrade amounts to a vote of approval for China's response to the financial crisis. "We believe the Chinese authorities would respond to future threats to financial stability with timely measures, based on our observation over the past two years," S&P analyst Kim Eng Tan said. Implementing structural reform during the global slowdown improves the likelihood of macroeconomic stability, S&P said in a statement. "We may raise the ratings again if structural reforms lead to sustained economic growth that significantly lifts the average income level," Tan said. Source: http://marketpin.blogspot.com/ ------------------------------------ ## StockForex ## _________________ ::Forum:: All about Forex and Stock Trading ; all currency pairs. All Major World Indices, Asian Stock Index. and Individual/single stock. We're not goin' anywhere Well, it's all right here. Enjoy it !! :) _________________ http://finance.groups.yahoo.com/group/StockForex Yahoo! Groups Links ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
