Time for China to ratchet up ratings standards

The China Securities Regulatory Commission's public castigation of six local credit rating agencies is well overdue but welcome. The companies now need a thorough revamp.

The China Securities Regulatory Commission finally signalled on Friday that it understood what bond market participants have long known: that the country’s local credit rating agencies aren’t very good.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media