国产精品永久免费视频- 无码精品A∨在线观看中文 -热re99久久精品国产99热-国产成人久久777777

WORLD> Asia-Pacific
S Korea, Japan, China to launch regional credit rating system
(Xinhua)
Updated: 2009-10-21 17:11

SEOUL: A South Korean corporate credit appraisal agency said Wednesday it has sealed an agreement to build a regional credit rating system with two credit raters of China and Japan, hoping for better appraising Asian companies and bonds.

Related readings:
S Korea, Japan, China to launch regional credit rating system Japan-China ties to be further advanced: DPJ
S Korea, Japan, China to launch regional credit rating system China, Japan, ROK FMs meet in Shanghai
S Korea, Japan, China to launch regional credit rating system China, Japan vow to promote bilateral ties
According to local Nice Investors Services Co., it has reached a resolution in a forum with Japanese credit rater Ratings and Investment Information Inc. and Chinese firm Dagong Global Credit Ratings Co.

The move comes in a joint effort to better reflect regional conditions specific to the Northeastern nations in the current rating system, the local credit rating company said.

A shared standard among the three countries is essential to independently evaluate and compare bonds denominated in local currencies of the three countries, it added.

"A trustworthy credit rating system is a prerequisite for the development of the Asian bond market," an official of Nice Investors Services was quoted as saying at the forum.