Emerging countries sovereign credit rating thrive

Asia credit system must be a model of credit system. In the aspect of risk assessment, through local Asian credit rating agencies, enhance the independence of the Asia; In "double rating" new ideas,DIN1629 SCH80 Seamless Steel Pipe fully considering the specific situation of the local environment as well as the global standard; In addition, in terms of credibility to improve, reduce the risk of conflict of interest, make credit rating once again return to the center of the credit system.

On July 1, dagong global credit rating co., LTD. (hereinafter referred to as "dagong") issued respectively in venezuela's sovereign credit rating,ASME B16.9 BW CS equal/reducing tee will venezuela and foreign currency sovereign credit rating to BB - from BB + and outlook to "negative". The same day, grand duke said in a report, maintain Qatar, Nigeria, Ecuador's sovereignty. At this point, archduke issued by national sovereign credit rating report has amounted to 105.

Since the 2008 financial crisis, moody's, s&p and fitch, the impartiality of the three big credit-rating agencies by global challenge,HG20593-97 PN1.0MPa Raised Face Plate Flange Specifications the eu and China are said to build their own credit rating system, to break the American monopoly rating. Held recently in Beijing diaoyutai "Asia credit system construction peak BBS" on, the guests said that will work to build a principle, the monopoly, and speak fair Asian credit system, through the establishment of "double rating" system for credit to promote the healthy development of the Asian economy.