A New Era for Chinese Credit Rating Provision
D Cash - Journal of Business Law, 2020 - research.aston.ac.uk
Journal of Business Law, 2020•research.aston.ac.uk
Credit rating in China has been, since the 1980s, the domain of domestic credit rating
agencies. Now, however, the Chinese Government has allowed a global CRA into its
country for the very first time. This raises a number of important questions about how that
assimilation may work in reality, and the effect it may have upon the unique entity that is
China. This article therefore attempts to assess and answer those questions.
agencies. Now, however, the Chinese Government has allowed a global CRA into its
country for the very first time. This raises a number of important questions about how that
assimilation may work in reality, and the effect it may have upon the unique entity that is
China. This article therefore attempts to assess and answer those questions.
Abstract
Credit rating in China has been, since the 1980s, the domain of domestic credit rating agencies. Now, however, the Chinese Government has allowed a global CRA into its country for the very first time. This raises a number of important questions about how that assimilation may work in reality, and the effect it may have upon the unique entity that is China. This article therefore attempts to assess and answer those questions.
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