The day when financial markets are anxiously awaiting the CPI inflation reading from the US began with 'flashes' directed towards China. The rating agency Fitch Ratings today lowered the outlook for the Chinese economy [...]

With the development of the capital market in China, there was a need for professional credit rating agencies. It was in this environment that the Dagong Global Credit Rating Agency was established, which began operating in 1994. It happened [...]

The credit rating agency market is very concentrated. The first violin is played by the "big three", which control most of the market. BIG 3 includes entities such as S&P, Fitch and Moody's. In today's article [...]