Dagong, which Slashed the US to BBB+, Suspended in China for Selling Fake AA and AAA Ratings to Chinese Outfits
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter China struggles to contain its corporate bond morass. Maybe the US government refused to pay China’s Dagong Global Credit Rating for an AA or AAA rating. And in January 2018, Dagong let the US know how …