Rating Report

DBRS Morningstar Changes Trend on China to Negative From Stable, Confirms Rating at A (high)

Sovereigns

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Summary

DBRS, Inc. (DBRS Morningstar) changed the trend on People’s Republic of China (China) Long-Term Foreign and Local Currency – Issuer Ratings to Negative from Stable and confirmed the ratings at A (high). At the same time, DBRS Morningstar changed the trend on China’s Short-Term Foreign and Local Currency – Issuer Ratings to Negative from Stable and confirmed the ratings at R-1 (middle).

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