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...Fitch’s rating system “failed to effectively anticipate the positive role of fiscal policies in promoting economic growth”, the ministry said....
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...In December, for the first time, a proposed loan secured against the small shops’ payments was given a preliminary “A” grade credit rating....
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...China’s trade ambition Friction with the west has prompted Beijing to build its own alternative system focused on developing nations, reports the FT in a Big Read....
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...Most private credit loans come with floating interest rates that are tied to benchmark rates. That offers protection against inflation, unlike fixed income securities....
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...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
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