Chinese

Why Chinese investors are reviewing bond portfolios as AAA ratings come under scrutiny

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More than a quarter of the country’s nearly 6,000 bond issuers carried AAA ratings at the end of the first quarter, while another 32% were rated AA+, according to the Securities Association of China. In comparison, fewer than 1% of outstanding US corporate bonds carry AAA ratings, Bloomberg data showed. In a move that could … Read more

Chinese proverb of the day: ‘Be not afraid of growing slowly. Be afraid only of … ‘ — a lesson on why slow progress always beats no progress

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Chinese proverb – Be not afraid of growing slowly, be afraid only of standing still The new language app you downloaded sits untouched on your phone. The gym membership you bought in January has been used twice. The novel you started writing is still stuck on page one. You tell yourself you’ll get to it … Read more