(Reuters) - China earned an upgrade to its credit rating on Thursday from Moody's Investors Service to reflect exceptional strength in its external payments, favourable government debt trends and continued progress in economic reform.
Moody's also raised the ratings on Hong Kong and Macau, while Standard & Poor's maintained its ratings on China and Hong Kong but raised its outlook on both to positive from stable.
Read more at Reuters Africa
Moody's also raised the ratings on Hong Kong and Macau, while Standard & Poor's maintained its ratings on China and Hong Kong but raised its outlook on both to positive from stable.
Read more at Reuters Africa
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