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, Reuters reported.
