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Beijing in long-awaited rating agency crackdown

Toby Yiu
Six Chinese credit rating agencies, including the three biggest, have received warnings from the securities regulator, which plans to tighten rules around the sector.
Beijing in long-awaited rating agency crackdown

China’s securities watchdog has issued warnings to six local credit rating agencies and plans to tighten regulation of the sector, in a move that foreign investors will welcome amid the rapid opening of mainland bond markets.

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