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China tightens scrutiny over credit rating industry

  • The rules will shift more burden on rating agencies, and "guide them to see reputation as the basis of their very existence"
FILE PHOTO: Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China, February 15, 2016. China stocks opened more than 2 percent lower on Monday, as they played catch-up with bearish global markets after the week-long Lunar New Year holiday. REUTERS/Aly Song/File Photo(REUTERS)
FILE PHOTO: Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China, February 15, 2016. China stocks opened more than 2 percent lower on Monday, as they played catch-up with bearish global markets after the week-long Lunar New Year holiday. REUTERS/Aly Song/File Photo(REUTERS)
Published on Mar 28, 2021 03:53 PM IST
Reuters | , Beijing
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