China's credit rating was recently downgraded by Standard & Poor's (S&P) from AA- to A+ because of worries over the rapid growth of the country's debt.
Not surprisingly, China refuted concerns, with the country's Ministry of Finance (MOF) saying that "the downgrade is a result of [S&P's] long-standing mode of thinking, and misreading of the Chinese economy...
Latest edition of the print magazine online
Hopeful of revival amid geopolitical risks
Joins in September
Set to join in Q3