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The impact of downgrading China

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On May 24 Moody’s Investor Services downgraded China’s debt for the first time since 1989 to A1 from Aa3. This is still investment grade, but just a lower rating, and is due to a rise…

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Chinese regulator greenlights seven IPOs

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BEIJING, May 27 (Xinhua) — The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than…

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