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CCP misreads America’s China policy revolution; what China’s Fx reserves look like minus a trade surplus with the U.S.

SinoInsight 1 The Beijing Securities Regulatory Bureau recently suspended Dagong Global Credit Rating Co., a Chinese credit rating agency, from bond market business for a year for a range of irregularities. Before Dagong was suspended, the company submitted an emergency report to People’s Bank of China governor Yi Gang claiming that “improperly punishing Dagang will …

Read moreCCP misreads America’s China policy revolution; what China’s Fx reserves look like minus a trade surplus with the U.S.

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