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China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

[May 27, 2023 12:00 PM] China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to…

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