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May 25, 2018
Abstract : S&P Global Ratings plans to set up an independent credit-ratings firm in China as the country further opens up its domestic ratings market to foreign capital, according to report by Xinhua-run cnstock.com on Friday.
BEIJING, May 25 (Xinhua) -- S&P Global Ratings plans to set up an independent credit-ratings firm in China as the country further opens up its ratings market to foreign capital, according to report by Xinhua-run cnstock.com on Friday.
Preparation work will be underway and S&P Global will reveal further details such as a timetable in the future.
The move could help build the best modes for its business operations and clients, according to S&P Global. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
Keyword: S&P ratings
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