China

China is the second world economic power by Gross Domestic Product. Strong in exporting rice, wheat and potatoes; in the industrial sector, China is sometimes considered as the manufacturing workshop of the world, hosting a large number of industries from other countries and building strategic financial and commercial relations with the economies of Western countries.
China is also part of the BRIC nations (Brazil, Russia, India, China), the so-called emerging economies.

Official Name: People’s Republic of China
Form of government: Socialist Republic
Head of State: Hu Jintao
Head of Government: Wen Jiabao
Currency: Chinese Yuan or Renminbi (CNY)

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How does the new BRICS rating agency work?

Money.it

28 August 2023 - 11:54

How does the new BRICS rating agency work?

The BRICS Rating Agency can usher in a new paradigm in the credit rating industry, placing greater emphasis on the specific aspects of emerging economies.