Tuesday, 14th October 2008

   home     about     authors     news     books     xml feed     sitemap     privacy     contact us

There is 1 user online

add to favorites
 make home page


Books and Reading
 Business Education
 Business Industry
 Business Services and Assistants
 Business Technology
 Corporate Companies
 Current Events
 E-Commerce and Internet
 Economics
 Employment and Opportunities
 Finances
 International Business
 Investing
 Management Editorials
 Partnerships and Affiliate Programs
 Promotion and Marketing
 Seminars and Salesmanship
 Small/Home Business
 Statistics
 Tax Related
 The Stock Market
 Tips and Strategies
 Tools for Business

Our Newsletter

Sign up for our free
Business-Informant.com Ezine
Get all the latest Business News delivered right to your mailbox.

First Name:

Your Email:



We will never rent, share or sell your name to anyone else... ever! We respect your privacy!
  Other Resources


For other sources of business news, tips, and information, visit our resources page

 

  Submit an Article


Would you like to have your article posted?

More info on business issues
 

 
 
 
credit pic
sales pic
april 15th pic

China's New Economic Power is Helping the World Overcome a Surprising Slump in U.S. Creditworthi
Added: 03/12/2007
 Type: Summary
 Viewed: 139 time(s)
 [ Not Rated Yet ]
How would you rate this article:    Bad Good   Go » 
China's New Economic Power is Helping the World Overcome a Surprising Slump in U.S. Creditworthiness

China's soaring growth is driving a major improvement in global creditworthiness and offsetting a surprising decline in the United States' credit rating, according to an exclusive survey by Institutional Investor magazine.

The average credit rating of most of the world's countries rose by 2.2 points, to 46.1, in the past six months, according to Institutional Investor's semiannual Country Credit survey. (Countries are rated on a scale of 0 to 100.) The increase was the biggest change since a 2.5-point rise in the six months ended September 2000; the overall rating is well above the recent peak of 45.1, reached one year ago, and marks the highest rating since September 1981, when there were far fewer developing countries in the survey. Fully 163 of the 174 countries ranked by credit analysts saw their ratings increase.

China's rating jumped 4.1 points to 73.9, good for 34th place overall. With an economy roaring ahead at a 10 percent annual clip and racking up massive surpluses with the U.S., which it then recycles to commodities-producing countries, China is the driving force behind the rise in creditworthiness.

The United States, by contrast, saw its rating fall 0.5 point to 94.0, dropping the longtime benchmark of global creditworthiness to 13th place. It was the first time since Institutional Investor began measuring country creditworthiness in 1979 that the U.S. failed to make the top ten.

The top five countries remain the same since our September 2006 ranking, led by Switzerland with a 96.3 rating, up 0.2 point.

For the complete rating and the full article, please visit www.iimagazine.com
Article Pages:  1  


marketing pic
tax return pic
credit pic

  Article Comments   Add Comment | View All (0)
    There are currently no comments for this article.


Advanced Search

More Resources

Become a Day Trader

Early Warning Services

ecommerce shopping cart

Find the Perfect Job


Affiliate With Us
 


All content © 2008 Webmaster, China's New Economic Power is Helping the World Overcome a Surprising Slump in U.S. Creditworthi :: Business Articles and Info.