ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China debt crunch

Chinese regulator suspends rating agency over Yongcheng default

Moody's-backed Chengxin not allowed to score debt issues for 3 months

HONG KONG -- Chinese regulators on Tuesday suspended the country's largest credit rating agency for failures they said contributed to the default last month of state-owned Yongcheng Coal & Electricity Holding Group.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more