Similar Stories to China Criticizes S&p Credit Rating Cut As 'wrong Decision' on Bing News

BEIJING (AP) — China's Finance Ministry on Friday criticized the cut in the Standard & Poor's rating agency's credit rating on Chinese government borrowing as a "wrong decision" and said it ignores the country's economic strength. S&P announced the change Thursday, citing rising debt it said increased financial risk. The move added to warnings China's debt burden might drag on economic growth or threaten the financial system.

BING NEWS:
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