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Access problems: Waiting to rate
HOME > PAST ISSUE > COVER STORY [Premium content]December 2007
For foreign credit ratings agencies, China is still an emerging prospect. Despite a growing acceptance of the need for financial transparency, overseas players are still on the sidelines of the domestic debt market.
Unable to extend their China coverage beyond bonds issued overseas, they have become more reliant on advisory work and data services. “These other things are just there to pay the bills,” said Joseph Hu, China country head for Standard & Poor’s. “Credit ...
Unable to extend their China coverage beyond bonds issued overseas, they have become more reliant on advisory work and data services. “These other things are just there to pay the bills,” said Joseph Hu, China country head for Standard & Poor’s. “Credit ...
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