​Gazprom gets highest investment grade from China’s biggest ratings agency — RT Business

English: Russia Today logo

English: Russia Today logo (Photo credit: Wikipedia)

Gazprom

Gazprom (Photo credit: Wikipedia)

This is a very interesting article from Russia RT news agency. It’s a recommended read. Check it out!

via ​Gazprom gets highest investment grade from China’s biggest ratings agency — RT Business.

I wonder if this is the start of China’s credit rating agencies challenging US competitors?

Thoughts?

One response

  1. Dr Alf raises an interesting point about credit rating agencies vis a vis China and Russia.
    From where I sit the Chinese who now have as much gold as the Vatican and who control large amounts of US debt are relentlessly focussed on surpassing the West in every field of endeavour and of assisting their allies.

    Credit rating agencies serve as a tool of the West in determining the value of economies and companies so it it natural for China which is going,via Hong Kong to become the leading financial centre in the world by 2016 with Singapore taking the number 2 slot ahead of New York and the City of London which will be relegated to 4th position,to enter this arena as well.

    Once again our Western leaders and their complacent civil servants are behind the curve and becoming followers of events.

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