Credit ratings JV to be launched in Hong Kong
By Gao Changxin in Hong Kong | China Daily | Updated: 2013-05-08 05:50
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Guan Jianzhong, chairman of Dagong Global Credit Rating Co Ltd, the Chinese ratings agency, says the current ratings system is flawed and favors developed economies. Provided to China Daily |
Dagong Global Credit Rating Co Ltd, the Chinese ratings agency, is launching a joint venture operation in Hong Kong next month to challenge the current ratings system, which the agency claims is "flawed".
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