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Strategies & Market Trends : Asia Forum
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To: shadowman who wrote (8945)7/27/1999 9:10:00 PM
From: Thomas M.   of 9980
 
It was little noticed that last week Standard & Poor's Ratings Service downgraded China's Government debt and the bonds of nine shaky state-backed Chinese banks. It was the first time that China's official debt has been downgraded since the Tiananmen massacre.

Interesting.

Tom
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