China Downgrades US Credit Rating; Blames Political Parties |
| August 02, 2011 | August 2011 Bond Updates |
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China's only credit rating agency, Dagong Global, downgraded US sovereign debt on Wednesday to A from A+ with a negative outlook due to the higher debt ceiling. This is the second time in less than a year that Dagong has downgraded US bond ratings. |
| View more at: http://blogs.forbes.com/kenrapoza/2011/08/02/china-downgrades-us-credit-rating-blames-political-parties/ |
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