Monday, 18 January 2021


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USA, China and Russia launch ambitious project

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It announced the release of proposed new rating agency Universal Credit Rating Group,  . Its founders are the Chinese firm Dagong, the Egan-Jones American and Russian agency RusRating. The company created by three countries will begin work Tuesday, June 25. The company headquarters is located in Hong Kong. The office of the Executive Director by the head of the Russian agency RusRating, Richard Hainsworth. According to him, the Universal Credit Rating Group intends to actively develop and move to the three major rating agencies, Standard & Poor's, Moody's and Fitch. During a press conference, the chairman of UCRG, Guan Jianzhong,said, the reform of the international rating system should learn from the  experiences and lessons of the global credit crunch, and follow development law of credit economy and ratings as well as focusing on the interests of human society as a whole. Guan Jianzhong said the new international rating system will be established through promoting the reform of the international rating system.   [caption id="" align="alignnone" width="446"]USA, China and Russia launch ambitious project Image AFP[/caption] Fuente:
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