Fitch Ratings has affirmed China’s sovereign foreign and local currency bonds rating at A+, with stable outlook, according to an announcement. China’s foreign reserves rose to $3,821 billion at the end of 2013. This was equal to 19.2 months of current external payments, the third-highest ratio of any country rated by Fitch globally. China’s official […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.