China Chengxin International Credit Rating gives Greece CCC assessment

China Chengxin (Asia Pacific) Credit Ratings Company Limited was established under the Hong Kong Companies Ordinance in October 2010. According to China Daily  the company did recentlly finish a study in order to assess credit risk for the ‘One Belt One Road’s strategy by analysing the status of the economy in 28 countries. The rating agency found a vast disparity among the ratings of the 28 nations that it had studied: Top-rated Singapore (AAA, a stable outlook, the only country that got the rating) co-exists with the most poorly rated, including Greece and Pakistan (both CCC, with a negative outlook).